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Nuno_Nascimento
Jul 31, 2023 7:07 AM

15m time frame demand level for Gold Long

GoldOANDA

Description

I've spotted a key demand zone for Gold on a 15m chart. The demand level range is between 1949.615-1947.885. If the price retraces to this zone, I'll be considering a long position. My target is set at 1959.645, with a potential for a 5.1 R reward.
I plan to exit the trade if there's a 15-minute candle closing below the demand zone
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