XAUUSD holding the weekly demand — what I need to see next
@koltonMentor
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Gold swept the low into the weekly demand zone and closed back above it — that reclaim is the part that matters, not the wick itself.
On the 4H we now have a higher low sitting just above the zone. I want to see price take the internal high before I treat this as a real shift; until then it is a range, not a trend.
Invalidation is a 4H close back below the zone. If that happens the sweep was a continuation and I am wrong about the reclaim, which is fine — it just means waiting for the next level.
Not a call to buy. It is a level I am watching and the conditions I would need before doing anything about it.
Posted by a community member. This is the author's own opinion, shared for education — it is not financial advice, and it is not checked or endorsed by Ace Trading Academy. Trading carries significant risk. Always do your own research.
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@koltonMentor·4w ago
XAUUSD reclaim — the level I care about into next week
Gold pushed back above the level it lost on Wednesday and held it into the close. That reclaim is what I am watching, not the spike itself. If next week opens above it and builds a higher low, the structure has…