📊 XAU/USD Price Action Update – May 15, 2025
🔹Current Price: 3,149.23
🔹Timeframe: 15M
📌 Key Supply Zones:
🔴 3168–3172 – Minor intraday supply zone
🔴 3187–3192 – Strong rejection zone; previous aggressive sell-off started here
📌 Key Demand Zone:
🟢 3128.8–3168 – Fresh demand zone formed after price mitigation and bullish reaction; acts as the current support base
⚡️Bullish Scenario:
If price breaks and sustains above 3172, we may see momentum pushing toward 3190s with possible continuation to 3200 psychological level.
⚠️Bearish Scenario:
Failure to hold above 3168 could trap late buyers; price might revisit 3140s or retest the demand zone below.
🔍 FXFOREVER Insight:
✅ Supply is getting tested; watch for M5/M15 confirmations
✅ Wait for strong bullish candle or break of structure before buying
✅ Set alerts at 3172 and 3192 zones for possible entries or exits
#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #IntradayTrade
🔹Current Price: 3,149.23
🔹Timeframe: 15M
📌 Key Supply Zones:
🔴 3168–3172 – Minor intraday supply zone
🔴 3187–3192 – Strong rejection zone; previous aggressive sell-off started here
📌 Key Demand Zone:
🟢 3128.8–3168 – Fresh demand zone formed after price mitigation and bullish reaction; acts as the current support base
⚡️Bullish Scenario:
If price breaks and sustains above 3172, we may see momentum pushing toward 3190s with possible continuation to 3200 psychological level.
⚠️Bearish Scenario:
Failure to hold above 3168 could trap late buyers; price might revisit 3140s or retest the demand zone below.
🔍 FXFOREVER Insight:
✅ Supply is getting tested; watch for M5/M15 confirmations
✅ Wait for strong bullish candle or break of structure before buying
✅ Set alerts at 3172 and 3192 zones for possible entries or exits
#XAUUSD #GoldTrading #SmartMoneyConcepts #FXFOREVER #PriceAction #SupplyDemand #ForexSetup #IntradayTrade
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fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.