Gold is currently forming an intraday Power of 3 (PO3) setup after delivering a sell-side raid into discount. The reaction from the lows suggests accumulation, with price beginning to shift into a bullish delivery phase.
The draw on liquidity is clearly resting above, with buy-side liquidity (BSL) acting as the primary objective.
Price has tapped into a discount array and is now trading back toward equilibrium, indicating a potential expansion higher.
Targets:
Internal range liquidity
External buy-side liquidity (equal highs)
Invalidation:
If price breaks below the sell-side liquidity and shows acceptance, the PO3 setup fails and continuation lower becomes likely.
The draw on liquidity is clearly resting above, with buy-side liquidity (BSL) acting as the primary objective.
Price has tapped into a discount array and is now trading back toward equilibrium, indicating a potential expansion higher.
Targets:
Internal range liquidity
External buy-side liquidity (equal highs)
Invalidation:
If price breaks below the sell-side liquidity and shows acceptance, the PO3 setup fails and continuation lower becomes likely.
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🎁 Discord (Daily Giveaways):
discord.gg/ZT3CZZUUFX
✨ Use code WISE & get 2 FREE ACCOUNTS on payout:
propfirmwise.com/
discord.gg/ZT3CZZUUFX
✨ Use code WISE & get 2 FREE ACCOUNTS on payout:
propfirmwise.com/
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.