π XAU/USD Price Action Update β May 15, 2025
πΉCurrent Price: 3,149.23
πΉTimeframe: 15M
π Key Supply Zones:
π΄ 3168β3172 β Minor intraday supply zone
π΄ 3187β3192 β Strong rejection zone; previous aggressive sell-off started here
π Key Demand Zone:
π’ 3128.8β3168 β Fresh demand zone formed after price mitigation and bullish reaction; acts as the current support base
β‘οΈBullish Scenario:
If price breaks and sustains above 3172, we may see momentum pushing toward 3190s with possible continuation to 3200 psychological level.
β οΈBearish Scenario:
Failure to hold above 3168 could trap late buyers; price might revisit 3140s or retest the demand zone below.
π FXFOREVER Insight:
β
Supply is getting tested; watch for M5/M15 confirmations
β
Wait for strong bullish candle or break of structure before buying
β
Set alerts at 3172 and 3192 zones for possible entries or exits
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