Signal XAUUSD Buy — M15 - March 6, 2026
On the 15‑minute chart of XAUUSD, the recent price action shows a clear transition from a prolonged downtrend into a consolidation around the 5,080 mark – a key support area that has been tested repeatedly over the past several hours. The series of candles from 5,163 down to 5,080, followed by a series of retracements and rebounds, underscores the strength of this support level. The price has consistently bounced back from the 5,080 zone, with the most recent bounce occurring around 13:30‑13:35 UTC. This pattern of repeated tests and recoveries is a classic indicator of a strong buying base, which…