XAUUSD

23 May

XAUUSD
XAUUSD DAILY UPDATE
📊 Gold Spot Trading Zones Update 📊

🔴 Supply Zone (Around 2360-2380)

Strong selling pressure.
Price tends to drop from this level.
Ideal for potential sell opportunities.
🔵 Demand Zone (Around 2330-2350)

Significant buying interest.
Price finds support here and tends to rise.
Look for buy signals.
🔵 Buy Zone (Around 2310-2320)

Strong area of buying interest.
Price often reverses upwards from this zone.
Great for potential buy opportunities.
💡 Key Takeaway: Use these zones to identify key support and resistance levels for better trading decisions!