$XAU IS TESTING A DEMAND ZONE WITH 3 TARGETS SET HIGHER 📊
Gold is sitting inside a well-defined buy zone on the daily chart. This green demand area has historically drawn aggressive buying interest, and the structure remains intact for a potential reversal.
Volume is starting to contract near support while the RSI sits below 40 — a zone that has marked prior bottoms. If this level holds, a move toward 4,180 is the first logical target, with higher levels at 4,380 and 4,820 in play.
Are you taking the long here or waiting for a clean retest candle?
Not financial advice. Always manage your risk.
#XAU #Gold #DemandZone #ReversalSetup #LongSetup
⚡
Gold is sitting inside a well-defined buy zone on the daily chart. This green demand area has historically drawn aggressive buying interest, and the structure remains intact for a potential reversal.
Volume is starting to contract near support while the RSI sits below 40 — a zone that has marked prior bottoms. If this level holds, a move toward 4,180 is the first logical target, with higher levels at 4,380 and 4,820 in play.
Are you taking the long here or waiting for a clean retest candle?
Not financial advice. Always manage your risk.
#XAU #Gold #DemandZone #ReversalSetup #LongSetup
⚡