XAUUSD Trade Idea
Analyzing price from the 4H time frame, we can see that price respected the 4H demand zone and made its way to the upside to 1801.86. This is a key level as sell orders were placed and price then reversed.
Secanrio #1- A break of this order zone would indicate a bullish market and price could potential return back to the 4H Supply Zone.
Scenario #2- A break below the 4H Demand Zone would indicate a sellers market and price could fall to the LL of 1680.
Thank you to all and happy trading
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Secanrio #1- A break of this order zone would indicate a bullish market and price could potential return back to the 4H Supply Zone.
Scenario #2- A break below the 4H Demand Zone would indicate a sellers market and price could fall to the LL of 1680.
Thank you to all and happy trading
Please leave a comment for feedback
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