π XAU/USD Price Action Update β May 22, 2025
πΉ Current Price: 3,328.35
πΉ Timeframe: 15M
π Key Zones:
π’ M15 Demand: 3285β3289 β Still valid for short-term support
π’ H4 RBS Zone: 3255β3265 β Higher timeframe flip zone, untested
π΄ Supply Zone (Target Area): 3342β3345 β Price rejected from this area with visible selling pressure
π Current Outlook:
Price made a break of structure (BOS) to the upside but faced strong rejection near 3,344. Currently forming a potential lower high, signaling early bearish momentum.
β οΈ Bearish Scenario:
If price retests the 3,334β3,336 resistance and fails to break, we could see a drop toward M15 demand (3285β3289).
Further breakdown below that could take price toward the H4 RBS zone.
π Short-Term Plan:
πΉ Watch price action near 3,334 zone
πΉ Look for rejection wicks or bearish engulfing on 5Mβ15M for entry
πΉ Set alerts at 3289 and 3255 for reaction areas
π FXFOREVER Insight:
β
Intraday momentum shifting from bullish to neutral/bearish
β
Rejection from major supply confirms smart money selling
β
Sell the lower high setup with proper confirmation and RR
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