Yesterday delivered a textbook long opportunity in Gold. As outlined in the prior analysis, after the upside breakout, we expected a higher-timeframe retracement. On H1, price traded back to mitigate the FVG, which aligned with the PDL (Previous Day Low) — a strong confluence zone.
It was clear that price showed no real acceptance below that level, signaling a liquidity grab rather than a breakdown back into the prior range. The move was engineered to collect liquidity before continuing higher.
For today, I anticipate continuation toward the 5,250 area.
Two scenarios:
1️⃣ Bullish continuation: price breaks short-term structure to the upside, rebalances an intraday FVG, executes a minor pullback into a swing low or POI, then expands toward new highs.
2️⃣ Range scenario: price trades into the PDH (Previous Day High), sweeps liquidity, and then consolidates within the 5,248–5,120 range.
At the moment, there are no new geopolitical catalysts adding further premium. If you’re seeing additional macro developments or structural elements I may have overlooked, feel free to share.
Have a great trading day.
XAUUSD
It was clear that price showed no real acceptance below that level, signaling a liquidity grab rather than a breakdown back into the prior range. The move was engineered to collect liquidity before continuing higher.
For today, I anticipate continuation toward the 5,250 area.
Two scenarios:
1️⃣ Bullish continuation: price breaks short-term structure to the upside, rebalances an intraday FVG, executes a minor pullback into a swing low or POI, then expands toward new highs.
2️⃣ Range scenario: price trades into the PDH (Previous Day High), sweeps liquidity, and then consolidates within the 5,248–5,120 range.
At the moment, there are no new geopolitical catalysts adding further premium. If you’re seeing additional macro developments or structural elements I may have overlooked, feel free to share.
Have a great trading day.
XAUUSD 
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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.