Gold Spot / U.S. Dollar
Long

Gold Analysis – Demand to Supply Zone Strategy (1H timeframe)

90
XAUUSD
Description
In the 1-hour timeframe, the last candle has shown a clear reaction to the demand zone. This suggests that gold is currently suitable for buying until it reaches the supply zone.
Once a confirmation candle forms in the supply zone, it will provide a strong signal for selling opportunities.
Key Points
• Timeframe: 1H
• Current Bias: Buy from demand zone → Target supply zone
• Next Step: Wait for confirmation candle in supply zone → Sell setup
Conclusion
Gold is currently in a buy phase toward the supply zone. After confirmation in the supply area, a potential reversal and sell opportunity may emerge.
#Gold #XAUUSD #TechnicalAnalysis #SupplyDemand #Tradingidea

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.