This chart illustrates a demand zone analysis on the XAU/USD (Gold) market, showcasing a strong reversal pattern after price tested a key demand zone (highlighted in purple). The marked zone represents a high-probability area for potential buy opportunities, with the price reacting positively and pushing upward toward a defined target at $2,638.30.
The trade setup includes:
Demand Zone: A previously tested support level between $2,606.47 and $2,611.53.
Risk-Reward Profile: A conservative entry around $2,611.53, targeting the $2,638.30 resistance zone while maintaining controlled risk below the demand zone.
Market Context: The upward move follows significant price compression, making this setup favorable for short-term buyers aiming to capitalize on momentum.
This technical insight is ideal for traders focused on trend reversals and zone-based trading strategies.
The trade setup includes:
Demand Zone: A previously tested support level between $2,606.47 and $2,611.53.
Risk-Reward Profile: A conservative entry around $2,611.53, targeting the $2,638.30 resistance zone while maintaining controlled risk below the demand zone.
Market Context: The upward move follows significant price compression, making this setup favorable for short-term buyers aiming to capitalize on momentum.
This technical insight is ideal for traders focused on trend reversals and zone-based trading strategies.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.