Lucasgs5

XAUUSD Supply and Demand

Lucasgs5 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Despite being fundamentally based, most of the time, Gold respects SnD quite a lot, so have a look and you will see. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
Comment:
We re currently testing 1772 H4 demand. 3rd Attempt.
Comment:
D1 is a solid bearish candle. Killing this area take us all the way to 1715.
Comment:
Level was broken, but old h4 demand was defended. Gonna wait for supply area to start shorts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.