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Gold Spot / U.S. Dollar
Updated

XAUUSD Gold Technical Analysis and Trade Idea

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👉🔍 We can observe that XAUUSD (Gold) has been in a strong bullish trend recently. However, it has experienced a significant retracement into a key support zone. In the video, we discuss market structure, price action, the trend, and the fact that this has moved into a significant liquidity pool. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and should not be considered financial advice. 📊✅
Note
Sell stops under, not buy stops.. verbal typo.
Note
As per the video snapshot

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