"Based on the demand and supply zones strategy, we anticipate a bullish reversal in USD/JPY. After a significant downward movement, the price has reached a key demand zone, where buyers typically step in, creating upward pressure. Historically, these zones have acted as strong support, leading to substantial rebounds. Current market sentiment, combined with the...
Consider going long on XAUUSD (Gold Spot vs. US Dollar) due to the following factors:
1. Supply Zone: The marked supply zone suggests previous selling interest. If revisited, it could lead to increased demand.
2. Break of Structure (BOS): The BOS lines indicate where support levels were broken. This shift in sentiment may favor long positions.
3. Take Profit...