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Gold H4 Chart Price Rises Into a Supply Zone | 28 October 2026

By Alan Solarsh · 28 October 2026

Gold on the H4 chart rose into a supply zone, and the question is whether it holds.

What the chart shows

A supply zone is an area where price earlier fell after sellers took control. Here price rose into the pink zone, so the test is whether it holds. If price pushes through, the zone can become a demand zone, a buyer area.

Knowing both outcomes helps busy traders wait for the candles instead of guessing. A quick look fits around a day job.

Key points from the video

  • Alan points to two dojis and a spinning top on the H4 chart. Both are small bodied candles, where price closed close to where it opened.
  • Price fell first, and Alan has drawn a supply zone there. A supply zone is an area where sellers took control earlier.
  • The first candle opened below the ATMA, then rose into the supply zone. The ATMA is an indicator line Alan has on his chart.
  • Alan says the question is whether the supply zone holds or is mitigated. Mitigated means price has pushed through the zone.
  • If that happens, the zone can become a demand zone. A demand zone is an area where buyers may step in.

The Learn to Read a Forex Chart course teaches this step by step. You can start free and learn at your own pace.

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Questions about this chart

What is a supply zone on a forex chart?

A supply zone is an area where price earlier fell after sellers took control. Alan draws one on the gold H4 chart and watches whether it holds.

What happens if a supply zone is mitigated?

Mitigated means price has pushed through the zone instead of holding below it. Alan says the zone can then become a demand zone, a buyer area.

What do doji and spinning top candles mean on an H4 chart?

Alan sees two dojis and a spinning top on the gold H4 chart. These are small bodied candles where price closed near its open.

Read next

Forex trading carries risk. This is education from my own chart, not advice or a signal.

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