📊XAU/USD Price Action Update – April 22, 2025
🔹Current Price: 3,480.53
🔹Timeframe: 15M
📌Key Demand Zones (Support):
🟢3452–3452 – Minor Imbalance Fill Zone (could trigger short-term reaction)
🟢3441–3444 – Strong Demand Zone (aligned with 0.618 Fib retracement)
🟢3412–3419 – Higher Timeframe Bullish Origin (potential reversal zone)
📌Fibonacci Retracement Levels:
🔸0.236 – 3,475.32
🔸0.382 – 3,466.54
🔸0.5 – 3,456.21
🔸0.618 – 3,445.88
📈Bullish Outlook:
Price is retracing after a strong bullish impulse and may react at the Fib levels, especially around the 0.618 zone aligned with demand. Bullish continuation possible if price forms a higher low and confirms with bullish engulfing or BOS.
📉Bearish Outlook:
If price fails to hold above 3452 or breaks 3441 aggressively, a deeper pullback toward 3412–3419 could occur. Look for bearish confirmation candles and signs of weak buyers.
⚡Trade Setup Tip:
✅Watch for entry confirmation at demand zones
✅Use confluences like Fib levels, structure, and reaction wicks
✅Maintain disciplined risk management
#XAUUSD #GoldAnalysis #ForexTrading #SmartMoneyConcepts #PriceAction #TechnicalAnalysis #FXF #fxforever #SupplyAndDemand #FibonacciLevels #IntradayTrading #MarketUpdate #GoldScalping
🔹Current Price: 3,480.53
🔹Timeframe: 15M
📌Key Demand Zones (Support):
🟢3452–3452 – Minor Imbalance Fill Zone (could trigger short-term reaction)
🟢3441–3444 – Strong Demand Zone (aligned with 0.618 Fib retracement)
🟢3412–3419 – Higher Timeframe Bullish Origin (potential reversal zone)
📌Fibonacci Retracement Levels:
🔸0.236 – 3,475.32
🔸0.382 – 3,466.54
🔸0.5 – 3,456.21
🔸0.618 – 3,445.88
📈Bullish Outlook:
Price is retracing after a strong bullish impulse and may react at the Fib levels, especially around the 0.618 zone aligned with demand. Bullish continuation possible if price forms a higher low and confirms with bullish engulfing or BOS.
📉Bearish Outlook:
If price fails to hold above 3452 or breaks 3441 aggressively, a deeper pullback toward 3412–3419 could occur. Look for bearish confirmation candles and signs of weak buyers.
⚡Trade Setup Tip:
✅Watch for entry confirmation at demand zones
✅Use confluences like Fib levels, structure, and reaction wicks
✅Maintain disciplined risk management
#XAUUSD #GoldAnalysis #ForexTrading #SmartMoneyConcepts #PriceAction #TechnicalAnalysis #FXF #fxforever #SupplyAndDemand #FibonacciLevels #IntradayTrading #MarketUpdate #GoldScalping
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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.