Very important points, a short retest from 1962 to 1948 major level. 1948-1950 is buying zone If market give you the predications, rejections candle and confirmations candle then put buy from 1950 to 1948 with proper 50 pips stop loss and take profit will be up to 1962.
If gold breaks the 1948 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1980–1983 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the sell confirmations.
Gold trading idea based on supply and demand zone, follow proper setup keep eyes on fundamentals, this is short term trade set up on H4.
If gold breaks the 1948 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1980–1983 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the sell confirmations.
Gold trading idea based on supply and demand zone, follow proper setup keep eyes on fundamentals, this is short term trade set up on H4.
