algofxpro

GOLD setup idea for this week!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This setup is based on the SMC (Smart Money Concept) supply and demand zone!
There are 2 different demand zones I marked based on two different timeframes, the first one is on the 15-minute chart and the second one is on the 1-hour chart.

I prefer to enter on the 15-minute timeframe because of the trend as it's a strong up trend. So, this is my GOLD trade setup and I'm srtick on my plan. What about you?

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