XAU Holds Strong Demand at Multi-Month Low?
🟢 $XAU - LONG
Trade Plan:
Current Price: ~$4009
Entry Zone: $3900 - $4080
SL: $3750
TP1: $4350
TP2: $4750
TP3: $5250
The chart shows XAU respecting a major multi-week demand zone inside the green Entry Zone with strong volume absorption and long lower wicks. The glowing green upward arrow and order block overlay confirm accumulation at this long-term base. This high-conviction LONG targets the measured move back to previous resistance levels.
Is XAU about to break out from this long-term demand zone?
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DYOR & manage risk!