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.
What do you think about this chart? Feel Free and Comment Below!
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.
What do you think about this chart? Feel Free and Comment Below!
