📊 XAU/USD – Bullish Price Action Setup (April 16, 2025)
🔹 Current Price: 3290
🔹 Timeframe: 15-Minute (15M)
🔹 Bias: Buy on Dips (No Shorts)
🎯 Key Demand Zones for Long Entries
🟢 3269 – 3272 → Minor Demand (Quick Scalp Zone)
🟢 3256 – 3259 → Intermediate Demand (Higher-Probability Bounce)
🟢 3243 – 3246 → Major Demand (Best Risk-Reward for Swing Longs)
⚠️ Caution
Avoid chasing price above 3300 without a pullback.
If demand zones break without recovery, wait for deeper support (e.g., 3230-3240).
#XAUUSD #GoldTrading #BuyTheDip #PriceAction #DemandZones #RiskManagement #April16
🔹 Current Price: 3290
🔹 Timeframe: 15-Minute (15M)
🔹 Bias: Buy on Dips (No Shorts)
🎯 Key Demand Zones for Long Entries
🟢 3269 – 3272 → Minor Demand (Quick Scalp Zone)
🟢 3256 – 3259 → Intermediate Demand (Higher-Probability Bounce)
🟢 3243 – 3246 → Major Demand (Best Risk-Reward for Swing Longs)
⚠️ Caution
Avoid chasing price above 3300 without a pullback.
If demand zones break without recovery, wait for deeper support (e.g., 3230-3240).
#XAUUSD #GoldTrading #BuyTheDip #PriceAction #DemandZones #RiskManagement #April16
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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.