📊 Gold (XAUUSD) – Analysis
Gold is currently reacting around key supply and demand zones. Price is showing consolidation near the possible selling area, while the lower zones continue to act as strong support.
🟢Buying Areas: $4,552.3 - $4,562.8
🟢Buying Areas: $4,536.1 - $4,545.8
🟢Strong Demand Zone: $4,503.2 - $4,509.6
🔴Selling Zone: $4,607.9 - $4,617.9
📈 Market Structure:
Overall structure remains bullish as long as price stays above the strong demand zone. Pullbacks into buying zones may offer better risk-reward buying opportunities.
📌 Note:
Yesterday’s marked zones are still valid and in play, so keep an eye on them for future reactions.
⚠️ This is only technical analysis. Always manage your risk before entering any trade.
#GoldAnalysis #SupplyAndDemand #BullishMarket #SmartMoney #TechnicalAnalysis @TRADE_INSIGHTS
