
The Best Areas to Buy Gold on the 4-Hour Frame
Gold is clearly moving in a sideways direction,
bound between supply and demand zones on the 4-hour frame,
located between the 3272 and 3372 levels.
Currently, there are more than one strong area for buying gold on the same frame.
The first areas are the demand zones at the 3299 level.
These are considered strong and new areas, overlapping with areas on the daily frame.
A rise from these areas is expected if tested.
The following areas are the most important and strongest, located at the 3272 level.
They are considered the best areas to buy gold, and a rise from these areas is expected,
reaching the supply zones above near the 3372 level.
Caution is important when trading gold, given the high risks it carries.
It is preferable to enter with light contracts, set a specific stop loss, and adhere to it.