Our supply and demand zone indicator has detected an unfilled cluster of institutional buy/sell orders on Gold (XAUUSD). These zones represent massive historical supply/demand imbalances where the price previously exploded away. We have triggered a SELL trade at 4159.00 as the price re-enters this zone.
Supply and demand zones offer highly accurate entry points because they represent areas of structural market imbalance. Entering at 4159.00 allows us to catch the institutional block order. To manage risk, our stop loss is set at 4171.00.
Our profit targets are structured at next major structural zones: TP1 at 4149.00, TP2 at 4139.00, and final target TP3 at 4119.00.