Gold Spot / U.S. Dollar
Updated

Market structure of xauusd at 4 hour time frame

295
4H swing is bullish => current it is pullback
The current 15-minute timeframe shows a bearish CHOCH signal
The current price is in the Demand zone, we can look for buying opportunities in the 1 minute time frame, giving a bullish CHOCH signal.
Note
this demand zone cannot hold the price

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