This is my analysis for XAU/USD.
Gold could potentially reverse from its Daily FVG and move lower to sweep the sell-side liquidity. However, I believe it may take some time for that sell-side liquidity sweep to develop. Until then, I’ll continue to monitor price action and wait for confirmation before looking for short opportunities.
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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.
