Trade analysis
Gold Chart Analysis: Demand and Supply Zones | 5 November 2026
By Alan Solarsh · 5 November 2026
Alan marks new demand zones on gold after several supply zones were broken.
What the chart shows
The chart shows four-hour candles and one tall green rising candle. After that rise, the newest candles are small and sit near the pink zones. A zone is a price area, so watch how candles behave inside it.
Reading candles near zones helps busy traders slow down and look before acting. A short daily routine fits around a day job.
Key points from the video
- Alan opens by saying the last two days on gold were eventful, then starts drawing fresh demand zones where he sees something happening.
- A demand zone is a price area where buyers have stepped in before. Alan marks several small ones on the chart.
- He colours one new zone white because it is not confirmed yet, and he says he will come back to it later.
- Alan points out that the supply zones he had marked have all been broken, while new supply and demand zones are forming.
- He says he is waiting to see what large institutions, such as banks and funds, do when America comes on board later.

The Learn to Read a Forex Chart course teaches this step by step. You can start free and learn at your own pace.
Learn to read a chart, start freeSee the robotQuestions about this chart
What is a demand zone on a gold chart?
A demand zone is a price area where buyers have stepped in before. Alan draws small ones on gold where he sees something happening, and he marks them so he can watch the area.
Why does Alan colour a zone white on the chart?
Alan colours a new zone white when it is not confirmed yet. He normally uses orange, but white reminds him the zone is unconfirmed, and he plans to come back to it later.
What does a broken supply zone mean on a chart?
A supply zone is a price area where sellers stepped in before. Alan says these supply zones were broken, meaning price moved through them, and new supply and demand zones are now forming.
Read next
- Learn To Read A Forex Chart, the free course
- All trade analysis videos by Alan Solarsh
- The previous day's chart analysis
- Forex education articles
- See the Forex Robots
Forex trading carries risk. This is education from my own chart, not advice or a signal.