Gold – Clean HTF Retracement, Continuation in FocusYesterday 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.
Long
