> "Gold (XAU/USD) - Demand Zone Bounce Targeting 3500 "

188
Current Price: $3,319.59

Indicator: 70 EMA at $3,324.95 ➡️ 📈 (still slightly above price = bearish pressure)



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Main Observations:

🔵 Demand Zone (📦 Buyers' Area):

Between $3,253 - $3,280

Every time price dips here ➡️ buyers react!

✏️ Descending Trendline:

⬇️ Short-term trend is bearish

Price is trying to break above it now (watch closely!)

🎯 Target Point:

$3,500 🏹 (Big upside if breakout succeeds!)

🛡️ Stop-Loss:

$3,253 🔥 (just below the demand zone = good protection)


Trade Idea:
✅ Buy near demand zone 🔵 after breakout confirmation 📈
✅ Target: $3,500 🎯
✅ Stop-Loss: $3,253 🛡️


Quick Dots Summary:

🔵 Demand zone is strong (buyers defending)

🔻 Still under 70 EMA (bearish until breakout)

✏️ Watching for breakout of trendline = key signal

🎯 Massive Risk:Reward ratio if it works

⚡ If no breakout and price falls, stop-loss saves capital.

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