Live Trade Breakdown — Learn Key Setups and Real-Time Strategy

Current Price Action:
Gold is trading around $3,958, with recent volatility creating a sharp dip from previous highs. The price is currently testing levels near the Demand Zone, which has previously acted as a strong buying area.

Key Zones Highlighted:

Supply Zone (~$4,330–$4,400): This area marks the top where significant selling pressure has emerged, reversing major rallies.

Order Block (~$4,000): Noticeable buying volume previously occurred, which could again provide short-term support/resistance.

Demand Zone (~$3,830–$3,880): Historically, buyers stepped in around this level, supporting price and igniting upward moves.

Technical Overview:

Trend: After a period of consistent gains, gold experienced a correction. The current move shows an attempted recovery with a possible bullish reversal signaled on the chart.

Projected Move: The annotated path suggests a bounce off the demand zone, targeting the $4,150 region if buyers regain momentum. Watch for a confirmation candle to validate this move.

Risk Factors: If the recovery fails, a break below the demand zone could trigger further downside toward $3,831.

Market Sentiment & Macro Observations:

Strong volatility has introduced uncertainty.

US yields are rising, which can strengthen USD and pressure gold.

The supply zone will be a crucial test for sustained bullish moves.

Trading Plan Ideas:

Bullish: Enter long on a clear bullish reversal above $3,950, with targets at $4,080 and $4,150. Initial stops below $3,880.

Bearish: If gold breaks below $3,880, watch for momentum toward $3,831 or lower.

Conclusion:
Gold remains at a pivotal level. The demand zone is key for bulls hoping to see a rebound, but close monitoring is needed due to ongoing volatility and macro headwinds. Confirmation signals are essential before taking strong directional positions.