Gold is currently trading inside a strong demand zone after completing a bullish ABCD pattern on the 1H timeframe. Price is showing signs of buyer interest, making this area worth watching for a potential continuation to the upside.
📈 **Bullish Scenario**
• Buy Zone: 4045 – 4065
• TP1: 4110
• TP2: 4145
• SL: Below 4038
🔍 **Technical Confluence**
✅ Bullish ABCD Pattern
✅ Demand Zone
✅ Market Structure Shift
✅ Higher Low Formation
✅ Strong Risk-to-Reward Opportunity
A confirmed bullish candle from the demand zone could trigger the next leg higher. However, if price breaks below the demand zone, the bullish setup becomes invalid.
⚠️ This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and apply proper risk management.
#XAUUSD #Gold #GoldAnalysis #TradingView #Forex #TechnicalAnalysis #PriceAction #SmartMoney #ABCDPattern #DemandZone #ForexTrading
📈 **Bullish Scenario**
• Buy Zone: 4045 – 4065
• TP1: 4110
• TP2: 4145
• SL: Below 4038
🔍 **Technical Confluence**
✅ Bullish ABCD Pattern
✅ Demand Zone
✅ Market Structure Shift
✅ Higher Low Formation
✅ Strong Risk-to-Reward Opportunity
A confirmed bullish candle from the demand zone could trigger the next leg higher. However, if price breaks below the demand zone, the bullish setup becomes invalid.
⚠️ This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and apply proper risk management.
#XAUUSD #Gold #GoldAnalysis #TradingView #Forex #TechnicalAnalysis #PriceAction #SmartMoney #ABCDPattern #DemandZone #ForexTrading
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.