๐ XAU/USD Price Action Update โ May 21, 2025
๐น Current Price: 3,317.29
๐น Timeframe: 15M
๐ Key Demand Zones:
๐ข M15 Demand: 3285โ3289 โ Price retested this zone and bounced strongly, indicating short-term bullish intent.
๐ข H4 RBS (RโS Flip): 3255โ3265 โ Higher timeframe support zone still holding structure.
๐ฏ Target: 3344.83
๐ผ Price is approaching the intraday supply/target zone. If momentum sustains, it may tap into or react from 3344โ3350 zone.
โก Bullish Scenario:
If price sustains above 3300 and breaks 3325 structure highs, watch for a clean move toward the target zone.
โ ๏ธ Caution Zone:
If price rejects 3320+ area and closes below 3285, the bullish thesis may pause or reverse toward H4 support.
๐ FXFOREVER Insight:
โ
Strong bullish pressure from clean M15 demand
โ
Structure building higher lows
โ
Intraday bias: Bullish until 3344 zone hit or bearish reaction confirmed
#XAUUSD #GoldAnalysis #FXFOREVER #SupplyAndDemand #IntradayTrading #SmartMoneyForex #ForexBreakout #GoldScalping #RBSZone