This appears to be a bullish setup,

114
Instrument: XAU/USD (Gold Spot)

Timeframe: 15-minute (top left corner)

Price: ~3,320.617 at the time of the screenshot

Chart Type: Candlestick chart



Annotations on the Chart:
Buying Area (Demand Zone):

Marked in light purple/pink at the bottom.

Price range: approximately 3,317.041 to 3,314.038

The chart suggests a potential bullish reversal from this zone.

Selling Area (Supply Zone):

Marked in the same color at the top.

Price range: approximately 3,332.000 to 3,334.000

Potential target area for the price to reverse or consolidate.



Forecasted Price Action:
A blue zig-zag arrow indicates an expected upward move:

Starting from the Buying Area, suggesting a long/buy entry.

Projected to rise towards the Selling Area, where a reversal or profit-taking might occur.



Other Notes:
The trading chart includes various indicators and drawing tools on the left side.

The chart is part of a technical analysis approach, likely using supply and demand zones.

Bottom right timestamp: Fri 11 Jul 25 (probably a future date setting for backtesting or forward projection).



This appears to be a bullish setup, expecting price to bounce from the lower demand zone toward the upper supply zone.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.