📊XAU/USD Price Action Update – April 15, 2025🎯
🔹Current Price: 3,226.455
🔹Timeframe: 30M
📌Key Support Levels (Demand Zones):
🟢3206–3209 – Minor Demand Zone
🟢3187–3197 – Intermediate Demand Zone (Wait for Confirmation)
🟢3150–3167 – Major Demand Zone (Wait for Confirmation)
📌Key Resistance Levels (Supply Zones):
🔴3243.637 – Current Resistance (Marked on Chart)
🔴3250.861 – Major Resistance
📈Bullish Scenario:
Price broke above the 3206–3209 zone and is now climbing. If bullish momentum continues, we might test 3243.637 and potentially 3250.861. A clean breakout and close above 3250.861 could open the door to new highs.
📉Bearish Scenario:
Failure to break above resistance or a bearish engulfing at 3243.637/3250.861 can push the price back to retest 3206–3209 or deeper into 3187–3197. Wait for confirmations before entering shorts.
⚡Trading Tip:
✅Wait for confirmation candles (e.g., bearish engulfing or rejection wicks) before entering any shorts at resistance zones.
✅Look for strong bullish price action or order block reaction at demand zones for potential long entries.
✅Always use proper risk management and a favorable risk-reward ratio.
#XAUUSD #GoldAnalysis #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoneyConcepts #SupplyAndDemand #IntradayTrading #ScalpingSetup #GoldBulls #GoldBears #LiquiditySweep #BreakoutStrategy #MarketStructure #FVG #FXFOREVER
🔹Current Price: 3,226.455
🔹Timeframe: 30M
📌Key Support Levels (Demand Zones):
🟢3206–3209 – Minor Demand Zone
🟢3187–3197 – Intermediate Demand Zone (Wait for Confirmation)
🟢3150–3167 – Major Demand Zone (Wait for Confirmation)
📌Key Resistance Levels (Supply Zones):
🔴3243.637 – Current Resistance (Marked on Chart)
🔴3250.861 – Major Resistance
📈Bullish Scenario:
Price broke above the 3206–3209 zone and is now climbing. If bullish momentum continues, we might test 3243.637 and potentially 3250.861. A clean breakout and close above 3250.861 could open the door to new highs.
📉Bearish Scenario:
Failure to break above resistance or a bearish engulfing at 3243.637/3250.861 can push the price back to retest 3206–3209 or deeper into 3187–3197. Wait for confirmations before entering shorts.
⚡Trading Tip:
✅Wait for confirmation candles (e.g., bearish engulfing or rejection wicks) before entering any shorts at resistance zones.
✅Look for strong bullish price action or order block reaction at demand zones for potential long entries.
✅Always use proper risk management and a favorable risk-reward ratio.
#XAUUSD #GoldAnalysis #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoneyConcepts #SupplyAndDemand #IntradayTrading #ScalpingSetup #GoldBulls #GoldBears #LiquiditySweep #BreakoutStrategy #MarketStructure #FVG #FXFOREVER
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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.