AmirSoraya

Double CHoCH. Wait for PB to Demand Zone on Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has reached to Daily Demand Extreme Zone, was expected on previous analysis:

After tapping into this demand zone, strong bulls enter the market and pushed price higher.

Double change of character happened and also inefficiency formed, all together make the demand zone a valid zone.

I mark up the 4H demand zone + discount area. After a PB to that zone, we can look for entries on lower timeframe.

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