XAUUSD: Where Is the Liquidity Flowing Next?
On the H2 timeframe, gold continues to maintain its short-term bullish structure, with higher lows forming after each pullback. The ascending trendline remains intact, suggesting that buyers are still in control of the primary movement.
However, as price approaches key resistance levels, the focus now shifts from simply asking whether the market will go up or down, to identifying where liquidity is likely to be drawn next.
What Is the Current Structure Telling Us?
The 5,217 level previously acted as resistance and is now being tested as a potential buy retest zone. As long as price holds above this area, the bullish H2 structure remains valid, leaving room for further upside expansion.
On the downside, 5,145 is a critical structural level. A clear break and close below this zone would indicate weakening bullish momentum and open the door for a deeper correction.
Further below, 5,093 stands as a strong support area — a liquidity pool that could attract significant market reaction if price retraces into it.
SMC / ICT Perspective and Liquidity Context
Above the current price lies a notable liquidity cluster around 5,390 – 5,400. This area represents a potential supply zone and aligns with the upper boundary of the rising channel.
As long as the bullish structure remains intact, the market could continue expanding upward to sweep liquidity resting above before any meaningful reaction occurs. Zones like this often reveal the footprint of institutional activity.
Rather than anticipating a reversal prematurely, the key is to observe how price behaves once it reaches this supply area.
Potential Scenarios
Bullish continuation:
If price holds firmly above 5,217 and continues forming higher structure, the next upside objective would be the 5,390 – 5,400 liquidity zone.
Corrective scenario:
If a CHoCH forms and price closes below 5,145, the short-term bullish structure would no longer be valid, potentially leading to a retracement toward the 5,093 support area before the next directional move develops.
Overall, the H2 trend remains bullish, but price is now entering a sensitive liquidity region. The market’s reaction at these structural levels will be more important than any fixed prediction.
If you are interested in a structure and liquidity-based approach to the market, feel free to follow the channel to share and exchange insights in upcoming analyses.
On the H2 timeframe, gold continues to maintain its short-term bullish structure, with higher lows forming after each pullback. The ascending trendline remains intact, suggesting that buyers are still in control of the primary movement.
However, as price approaches key resistance levels, the focus now shifts from simply asking whether the market will go up or down, to identifying where liquidity is likely to be drawn next.
What Is the Current Structure Telling Us?
The 5,217 level previously acted as resistance and is now being tested as a potential buy retest zone. As long as price holds above this area, the bullish H2 structure remains valid, leaving room for further upside expansion.
On the downside, 5,145 is a critical structural level. A clear break and close below this zone would indicate weakening bullish momentum and open the door for a deeper correction.
Further below, 5,093 stands as a strong support area — a liquidity pool that could attract significant market reaction if price retraces into it.
SMC / ICT Perspective and Liquidity Context
Above the current price lies a notable liquidity cluster around 5,390 – 5,400. This area represents a potential supply zone and aligns with the upper boundary of the rising channel.
As long as the bullish structure remains intact, the market could continue expanding upward to sweep liquidity resting above before any meaningful reaction occurs. Zones like this often reveal the footprint of institutional activity.
Rather than anticipating a reversal prematurely, the key is to observe how price behaves once it reaches this supply area.
Potential Scenarios
Bullish continuation:
If price holds firmly above 5,217 and continues forming higher structure, the next upside objective would be the 5,390 – 5,400 liquidity zone.
Corrective scenario:
If a CHoCH forms and price closes below 5,145, the short-term bullish structure would no longer be valid, potentially leading to a retracement toward the 5,093 support area before the next directional move develops.
Overall, the H2 trend remains bullish, but price is now entering a sensitive liquidity region. The market’s reaction at these structural levels will be more important than any fixed prediction.
If you are interested in a structure and liquidity-based approach to the market, feel free to follow the channel to share and exchange insights in upcoming analyses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.