Gold Reversal Potential from Falling Wedge + Demand Zone

15 May

Gold (XAU/USD) is showing signs of a potential bullish reversal on the 15-minute chart. After forming a falling wedge pattern and reaching a key demand zone around 3120, price action suggests a possible bounce.

Falling wedge breakout observed with increasing volume

Strong rejection from the 3120 support zone

Risk-to-reward setup aligned with bullish momentum

Watch for continuation if price holds above the minor trendline


This idea is for educational purposes only and not financial advice.

15 May

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15 May

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