xauusd|next movement supply and demand areas
Hello friends, we are checking the gold chart in the 1-hour time frame.
We are seeing another drop from the 1-hour supply area.
Last day, we had an upward movement from the 15-minute demand area that I drew on the chart.
To enter the buying positions of the demand areas (2024-2026) and 2021 and (2015-2017).
And to enter the sales positions of the supply areas (2040-2042) and (2045-2048).
Try to monitor these areas by getting confirmation to enter trading positions.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me
We are seeing another drop from the 1-hour supply area.
Last day, we had an upward movement from the 15-minute demand area that I drew on the chart.
To enter the buying positions of the demand areas (2024-2026) and 2021 and (2015-2017).
And to enter the sales positions of the supply areas (2040-2042) and (2045-2048).
Try to monitor these areas by getting confirmation to enter trading positions.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me
Trade closed: target reached
Gold grew from the same area as we expected and reached the target of 2048
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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.