📊 XAU/USD (Gold) - 15M Analysis & Key Levels
🔵 Current Price: 3,018.375
🟢 Demand Zone (Support): 3,011 - 3,012
🔴 Supply Zone (Resistance): 3,034 - 3,046
🔍 Possible Scenarios:
1️⃣ Bullish Case: Price may retest the 3,011 - 3,012 support zone before moving higher towards 3,020.79, with the ultimate target around 3,034 - 3,046.
2️⃣ Bearish Case: If price fails to hold above 3,011, a deeper correction towards 2998 - 3005 could be possible.
💡 Trading Plan:
✅ Look for bullish confirmations at 3,011 - 3,012 for a long entry.
✅ A breakout above 3,020.79 could confirm further upside.
✅ Watch for rejection at 3,034 - 3,046 as a potential reversal zone.
#FXFOREVER #FXF #XAU/USD #GOLD #PRICEACTION
🔵 Current Price: 3,018.375
🟢 Demand Zone (Support): 3,011 - 3,012
🔴 Supply Zone (Resistance): 3,034 - 3,046
🔍 Possible Scenarios:
1️⃣ Bullish Case: Price may retest the 3,011 - 3,012 support zone before moving higher towards 3,020.79, with the ultimate target around 3,034 - 3,046.
2️⃣ Bearish Case: If price fails to hold above 3,011, a deeper correction towards 2998 - 3005 could be possible.
💡 Trading Plan:
✅ Look for bullish confirmations at 3,011 - 3,012 for a long entry.
✅ A breakout above 3,020.79 could confirm further upside.
✅ Watch for rejection at 3,034 - 3,046 as a potential reversal zone.
#FXFOREVER #FXF #XAU/USD #GOLD #PRICEACTION
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.