XAU/USD - M30 Analysis & Key Levels
📉 XAU/USD - M30 Analysis & Key Levels
🔴 H1 Supply Zone: 2938 - 2942
🟢 Demand Zones: 2905 - 2909, 2893 - 2895, 2880 - 2882
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 2938 - 2942 supply zone, a retracement toward the 2905 - 2909 or deeper zones is likely.
2️⃣ Break & Retest: A breakout above 2942 could signal further bullish momentum toward new highs.
💡 Trading Plan:
✅ Watch for rejection at 2938 - 2942 for potential short entries.
✅ Monitor 2905 - 2909 and 2893 - 2895 as possible buy zones on retracements.
✅ A confirmed break below 2880 could indicate further downside risk.
#FXFOREVER #XAUUSD #ForexTrading #SmartMoney #PriceAction #Gold
🔴 H1 Supply Zone: 2938 - 2942
🟢 Demand Zones: 2905 - 2909, 2893 - 2895, 2880 - 2882
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 2938 - 2942 supply zone, a retracement toward the 2905 - 2909 or deeper zones is likely.
2️⃣ Break & Retest: A breakout above 2942 could signal further bullish momentum toward new highs.
💡 Trading Plan:
✅ Watch for rejection at 2938 - 2942 for potential short entries.
✅ Monitor 2905 - 2909 and 2893 - 2895 as possible buy zones on retracements.
✅ A confirmed break below 2880 could indicate further downside risk.
#FXFOREVER #XAUUSD #ForexTrading #SmartMoney #PriceAction #Gold
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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.