📊 Gold (XAU/USD) Price Action Update – May 13, 2025
🔹Current Price: 3,255.18
🔹Timeframe: 15M
📌 Key Zones:
🔴 Supply: 3260–3262 (recent rejection visible)
🟢 Demand: 3235–3237 (aligned with 0.5–0.618 Fibonacci zone)
📉 Retracement Watch (Fibonacci Levels):
0.382 ➡️ 3243.65
0.5 ➡️ 3238.36
0.618 ➡️ 3233.07
These levels align closely with structural demand zones.
⚡️ Scenario 1 – Bullish Retest:
If price pulls back into 3235–3237 (0.5 fib) and shows bullish reaction on 5M/15M, a bounce back toward 3260+ is likely.
⚠️ Scenario 2 – Break Below 3233:
Closing below 3233 may invalidate the fib zone and target 3222 demand area again.
🔍 FXFOREVER Insight:
✅ Perfect confluence of fib + demand
✅ Watch price behavior around 3235
✅ Entry trigger: Bullish engulfing or FVG fill on lower TF
#XAUUSD #GoldAnalysis #FXFOREVER #PriceAction #FibRetracement #SmartMoneyZones #SupplyAndDemand #ScalpSetup #SniperEntry
🔹Current Price: 3,255.18
🔹Timeframe: 15M
📌 Key Zones:
🔴 Supply: 3260–3262 (recent rejection visible)
🟢 Demand: 3235–3237 (aligned with 0.5–0.618 Fibonacci zone)
📉 Retracement Watch (Fibonacci Levels):
0.382 ➡️ 3243.65
0.5 ➡️ 3238.36
0.618 ➡️ 3233.07
These levels align closely with structural demand zones.
⚡️ Scenario 1 – Bullish Retest:
If price pulls back into 3235–3237 (0.5 fib) and shows bullish reaction on 5M/15M, a bounce back toward 3260+ is likely.
⚠️ Scenario 2 – Break Below 3233:
Closing below 3233 may invalidate the fib zone and target 3222 demand area again.
🔍 FXFOREVER Insight:
✅ Perfect confluence of fib + demand
✅ Watch price behavior around 3235
✅ Entry trigger: Bullish engulfing or FVG fill on lower TF
#XAUUSD #GoldAnalysis #FXFOREVER #PriceAction #FibRetracement #SmartMoneyZones #SupplyAndDemand #ScalpSetup #SniperEntry
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.
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.