CFDs on Gold (US$ / OZ)
Long
Updated

GOLD BUY M15

150
Gold (XAUUSD) Analysis – 15-Minute Timeframe

Price has recently shown a strong bearish move after a CHoCH (Change of Character) confirmation. The market has entered a demand zone (highlighted in pink), where a potential bullish reversal is expected.

Entry Zone: Around 3407–3408 level (within the demand area)

Stop Loss (SL): 3407 (just below the demand zone)

Target: 3428 (major resistance and supply zone)


The expected move shows price reacting from the demand zone, forming higher highs and higher lows, with bullish confirmation. If price holds above the 3407 level, buyers may take control and push price toward the 3428 target.

Key Levels:

Demand Zone: 3407 – 3408

Support Level: 3418.035

Resistance Levels: 3423.320 and Final Target 3428
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