XAU/USD (GOLD) — OUTLOOK 💰 Following Friday’s news, Gold remained strongly bearish. Price has now taken the 4450.717 sell-side liquidity, and instead of producing a liquidity sweep and reversal, we saw a clear liquidity run, which indicates that further downside may still be possible. 🥷 My expectation is for price to retrace toward the 30M BB, react from that area, and then continue lower toward the next sell-side IRL liquidity. After that liquidity is delivered, I will start looking for potential buying opportunities around 4363.079. ✅ 4348.759 is a High-Probability Buying Area. I will only consider a long position after receiving a clear LTF bullish structure shift / confirmation from this zone. 👑 Upside Target: Buy-side liquidity / DOL around 4643.140 For now, the plan is simple: allow price to complete the bearish liquidity objective first, then wait for confirmation before considering the bullish reversal.
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