Indices and commodities
#GOLD
Long
Active
XAUUSD: Buy at Demand Zone 4050 – Targets at Supply Zones for OANDA:XAUUSD by PremiumTrader57
TradingView
GOLD
Indices and commodities
Active
Current price
3956.88
USD
PNL
-2.30%
3956.88 USD
Stop Loss
2.52%
3947.94 USD
Take Profit
2.52%
4152.06 USD
Rationale
TradingView idea: XAUUSD: Buy at Demand Zone 4050 – Targets at Supply Zones for OANDA:XAUUSD by PremiumTrader57
TradingView symbol: XAUUSD
Market Analysis:
Gold has shown a bullish market structure shift on the 15-minute timeframe. Price is currently reacting at a strong Demand Zone around 4050, offering a high-probability long entry.
Buy Setup: Entry: 4050 (Demand Zone)
Bias: Short-term Bullish
Upside Targets (Selling Zones for Good Drops):First Selling Zone: 4152 – 4160 (Major Supply Zone)
Second Selling Zone: 4190 – 4195 (Strong Resistance / Reversal Area)
These two zones are excellent areas for potential reversals and good …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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