15Mposition reversal area

Wait 5 sec.

15M position reversal areaXAU/USD Spot - GoldFX:XAUUSDMXANALYST19XAUUSD XAUUSD – 15M | Potential Reversal Zone 📊 I’ve marked an important area on the chart (Black Box) where I’m expecting a possible bullish reaction. The reason behind selecting this zone is that price has previously attempted to move upward from this same area, showing signs of buying interest. Now, price is approaching this zone again, so I’m closely watching how it reacts. My Trading Plan: If price revisits this zone and shows strong bullish confirmation, I’ll look for a potential buying opportunity. However, I won’t enter blindly just because price reaches the zone. I’ll wait for proper price action and confirmation before considering an entry. Key Observation: The main thing I want to see is whether buyers can defend this area once again and push price higher. This is a potential demand zone, not a guaranteed reversal. Let’s see how price reacts! 🎯