📊XAU/USD Price Action Update – April 28, 2025
🔹Current Price: 3,285.88
🔹Timeframe: 15M
📌Key Supply Zone (Resistance):
🔴3313.92–3316.22 – Short-Term Supply Zone (recent BOS confirmation area)
📌Key Demand Zone (Support):
🟢Green Zone Below – Strong Buyer Reaction Area (possible bullish defense zone)
📈Bullish Outlook:
Price broke structure (BOS) earlier and is now attempting to find support. If bulls hold above the green zone and show strong rejection candles, a bullish move toward the 3313–3316 supply is possible.
📉Bearish Outlook:
Failure to hold above the green demand zone may lead to deeper continuation toward lower intraday levels. Watch for weak bullish reactions or lower highs forming below supply.
⚡Trade Setup Tip:
✅Look for bullish confirmation at green demand
✅Watch for potential shorts if price rejects hard from 3316 zone
✅Use tight SLs to manage volatility
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