XAUUSD long - Supply Demand - h4 - Correction Move

Hello Traders!

On Gold we can see that the price made a correction move. After such an upside push the market needs to make a correction. This is what Gold is doing right now. Afterwards we can expect again a push to the upside.

The question now is if price will drop more down before it will go up. Well we need for that to watch Price Action. We got a Demand Zone there. We simply need to wait how the market will respond to this area.

I marked two possible options on the charts.

On the long run I see gold going higher.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.