XAUUSD (15M) – Liquidity Sweep → Distribution Setup

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Price is currently trading inside a clearly defined range.
Previous sell-side liquidity has already been swept from the equal lows, triggering a sharp displacement to the upside. This move looks corrective rather than impulsive.
Key observations:


Upside move is targeting equal highs / range high liquidity.


Area near the range high aligns with premium zone + likely supply.


Expecting buy-side liquidity grab above highs to trap late longs.


Plan & Bias:


Allow price to run the highs and complete the liquidity sweep.


Watch for bearish shift in market structure (MSS) on lower timeframe near the range high.


Look for short entries on retest of supply / FVG after MSS.


Target is a range rotation back to sell-side liquidity near the range lows.


Narrative:
Classic range manipulation. Market clears the downside, entices breakout buyers at the highs, then distributes and reverses. Patience until liquidity is taken, then execution.
📌 Bias remains short after buy-side liquidity is swept.

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