Gold XAUUSD supply and demand trading analysis

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Gold XAUUSD is creating new strong monthly and weekly demand levels attacking very poor supply zone on the monthly chart. There is a clear long bias on Gold, but we first need the monthly supply zone eliminated or a bigger retracement to weekly demand level lower.

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Comments

Indonesia Darussalam says:

supply and demand

T T says:

thank you for your vid

RT Mason says:

Great info, Alfonso. Patience is a virtue in this case. Can't force a trade.
Is there a broker you would recommend for US traders? Gracias, maestro.

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