📊XAU/USD Price Action Update – April 22, 2025
🔹Current Price: 3,480.53
🔹Timeframe: 15M
📌Key Demand Zones (Support):
🟢3452–3452 – Minor Imbalance Fill Zone (could trigger short-term reaction)
🟢3441–3444 – Strong Demand Zone (aligned with 0.618 Fib retracement)
🟢3412–3419 – Higher Timeframe Bullish Origin (potential reversal zone)
📌Fibonacci Retracement Levels:
🔸0.236 – 3,475.32
🔸0.382 – 3,466.54
🔸0.5 – 3,456.21
🔸0.618 – 3,445.88
📈Bullish Outlook:
Price is retracing after a strong bullish impulse and may react at the Fib levels, especially around the 0.618 zone aligned with demand. Bullish continuation possible if price forms a higher low and confirms with bullish engulfing or BOS.
📉Bearish Outlook:
If price fails to hold above 3452 or breaks 3441 aggressively, a deeper pullback toward 3412–3419 could occur. Look for bearish confirmation candles and signs of weak buyers.
⚡Trade Setup Tip:
✅Watch for entry confirmation at demand zones
✅Use confluences like Fib levels, structure, and reaction wicks
✅Maintain disciplined risk management
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