🔍 Key Observations:
1. Current Price: 3353
2. Previous Demand Zone / Order Block:
The area between 3347–3354 is a clear H4 order block/demand zone, which price has tapped multiple times and is currently reacting from.
3. Support Confirmation:
This zone has acted as a support multiple times in the past.
Price wicked below it but immediately pushed back above → indicating buyer interest.
4. Market Structure:
Price made a higher high near 3445.
Now it's making a retracement or pullback into the order block zone.
If this zone holds, we could see a reversal to the upside.
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🔮 Expectations:
If 3347–3354 holds:
Expect a bounce back up toward 3375, 3400, and possibly 3440+.
1. Current Price: 3353
2. Previous Demand Zone / Order Block:
The area between 3347–3354 is a clear H4 order block/demand zone, which price has tapped multiple times and is currently reacting from.
3. Support Confirmation:
This zone has acted as a support multiple times in the past.
Price wicked below it but immediately pushed back above → indicating buyer interest.
4. Market Structure:
Price made a higher high near 3445.
Now it's making a retracement or pullback into the order block zone.
If this zone holds, we could see a reversal to the upside.
---
🔮 Expectations:
If 3347–3354 holds:
Expect a bounce back up toward 3375, 3400, and possibly 3440+.
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Gold Trader 🎯 | Daily XAUUSD Signals 💰 | Telegram Free channel:
t.me/Azlan_Traders786
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Gold Trader 🎯 | Daily XAUUSD Signals 💰 | Telegram Free channel:
t.me/Azlan_Traders786
t.me/Azlan_Traders786
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.