📊 XAU/USD Price Action Update – May 15, 2025
🔹Current Price: 3,149.23
🔹Timeframe: 15M
📌 Key Supply Zones:
🔴 3168–3172 – Minor intraday supply zone
🔴 3187–3192 – Strong rejection zone; previous aggressive sell-off started here
📌 Key Demand Zone:
🟢 3128.8–3168 – Fresh demand zone formed after price mitigation and bullish reaction; acts as the current support base
⚡️Bullish Scenario:
If price breaks and sustains above 3172, we may see momentum pushing toward 3190s with possible continuation to 3200 psychological level.
⚠️Bearish Scenario:
Failure to hold above 3168 could trap late buyers; price might revisit 3140s or retest the demand zone below.
🔍 FXFOREVER Insight:
✅ Supply is getting tested; watch for M5/M15 confirmations
✅ Wait for strong bullish candle or break of structure before buying
✅ Set alerts at 3172 and 3192 zones for possible entries or exits
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