The Strongest Entry Zones for Gold in the Medium Term

Gold is generally moving within a clear consolidation range on the daily timeframe.

Currently, gold is moving within a narrow consolidation range on the four-hour timeframe.

The primary supply and demand zones are currently the best entry zones,

and the safest trading zones as long as gold continues to move sideways.

We will now review the details of the most important buying and selling zones.

First, the Sell Zones

Currently, gold is rising to the primary supply zones,

located at the 3420 level.

These are strong zones, and a decline is expected from them.

However, if these zones are breached, we may see a rise to the next supply zones,

which are considered the most important and strongest selling zones, located at the 3469 level.

From these zones, gold is expected to decline again if the consolidation continues.

Second: Buying Zones

If gold decides to decline again, the best buying zones currently are

the first demand zones located at approximately 3300.

These are newly formed areas and are considered one of the best entry points.

If the first demand zones are broken, a decline to the next zones is expected.

These areas are considered the lower boundary of the consolidation movement

 and are the most important and strongest buying zones.

They are located at 3272, as shown on the chart.

From there, a return to the upside is expected.

Please trade with sound capital management, especially with gold.