XAUUSD 15M Technical Analysis | Range Trading → Supply 4075 → Demand 4043 & 4024 Current Market Snapshot XAUUSD is trading at *4,052.750*, flat on the session. O 4,052.610 | H 4,053.425 | L 4,051.250 Price is stuck in the middle of a range. We just rejected from *4,069.371* and are sitting above *4043 - 4035* green demand. Bias is *neutral while between 4043 and 4075*. Breakout of either level gives direction.
The Structure: Range Low → Impulse → Range High Rejection → Pullback 1.
Range Low Sweep Price wicked to *4,019.425* into the lower green zone *4024 - 4015*. This swept sell-side liquidity. Buyers defended and pushed price up $50 in one impulse. 2.
Impulse to Range High That move ran all the way to *4,069.371*. Right below the red *Supply Zone 4075 - 4082*. Sellers showed up and rejected price hard.
3.
Current: Mid-Range Consolidation Now we’re at *4,052.75*, sitting between supply and demand. This is chop. No clear direction until we break 4043 or 4075. The next move will likely be determined by a sweep of 4043 or a push to 4075. 4.
Next Targets Below: *4043 - 4035* then *4024 - 4015* Above: *4075 - 4082* then *4085+*
Key Levels To Watch *Resistance: Supply Zone 4075 - 4082* This is the red box. As long as 15M candles close below 4075, bears control. A retest of this zone = prime short to 4055 → 4043. *Minor Resistance: 4,069.371* Recent high. Price failed here. A 15M close above 4069 opens 4075 → 4082.
Current Price 4,052.750 Dead middle of range. Avoid trading here. Wait for extremes. *Support 1: Demand Zone 4043 - 4035* First buy zone. As long as 15M candles close above 4043, bulls stay in control. Bounce target 4065 → 4069 → 4075. *Support 2: Demand Zone 4024 - 4015* Major demand. This is where the last big bounce came from. A 15M close below 4035 opens a sweep to 4024 → 4019.
Invalidation: Bullish invalidation: 15M close below *4015* Bearish invalidation: 15M close above *4082*
Outlook & Bias Bias is *neutral*. Range trading between *4043 and 4075*. Expected path 1 - Bearish: `4,052 → sweep 4043 → 4024 - 4015 demand → bounce` Expected path 2 - Bullish: `4,052 → push 4069 → 4075 - 4082 supply → rejection → 4043` We need a break and close outside the range for trend.
How To Trade It *Shorts*: Wait for retest of *4075 - 4082 Supply* with 5M rejection. SL $8 above at 4088. TP 4055, 4043, 4035. *Longs*: Wait for dip to *4043 - 4035 Demand* or *4024 - 4015 Demand*. SL $7 below. TP 4065, 4069, 4075. Wait for 5M bullish OB/FVG confirmation at demand. *Scalps*: Fade range extremes. Don’t trade 4050 - 4060 mid-range.
Risk Management: Risk 0.5% - 0.75% per trade. This is a range. Sell supply, buy demand. Do not chase. Move SL to BE after +$10. Wait for news at 12:00 / 15:00 before big positions.
