XAU/USD 30M Analysis | Bullish Rising Wedge Reversal XAU/USD 30M Analysis | Bullish Rising Wedge Reversal | Double Demand Zone in Focus
Gold (XAU/USD) is approaching a 30-minute Bullish Rising Wedge Reversal with a Double Demand Zone between 4210–4250. If price reacts from this area, a bullish continuation may follow.
Entry Strategy:
Wait for price to reach the 4210–4250 Double Demand Zone.
Switch to the 1-minute timeframe.
Look for a 1-minute Supply Break (Supply Flip) or a Falling Wedge breakout as the entry confirmation.
Enter only after confirmation with proper risk management.
Trading Concept:
30M Bullish Rising Wedge Reversal
Double Demand Support (4210–4250)
1M Supply Break / Falling Wedge Entry
Multi-Timeframe Confirmation
Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and manage your risk accordingly.
Long