XAUUSD- 15 Minutes Time Frame Scalping Setup

The 15-minute timeframe chart you provided for XAUUSD (Gold) illustrates a potential trading plan. Here's a breakdown of the analysis:

Current Price Action: The price is hovering around the

2,622 level.
Support and Resistance Zones:
There is a clear 15-minute support zone marked below the current price, around the

2,617 level.
The potential resistance or sell zone is slightly above the current price, as marked in red, with a rejection at that point expected for a sell-off.
Sell Setup:
The chart suggests a sell entry at the resistance zone (marked in red) once the price touches this area and rejects it.
A possible downside move is indicated after this rejection, with a target that could approach the lower support zone, near

2,605 or even lower.
Buy Setup:
After the expected drop, the plan is to buy at the lower support level. This is shown in the marked buy zone, anticipating the price to reverse after reaching a strong support area.
A potential bullish reversal is drawn, aiming for a higher price, likely back to or beyond the current price level, possibly as high as

2,630.
In summary:

The chart implies a short-term sell followed by a buy at a deeper support level for a potential bounce. Both directions (sell first, then buy) have been marked with corresponding zones and potential targets.
If you need more detailed insights or further clarification, feel free to ask!