#Gold has been moving upward from a previous major swing while BTC is trending down, so a bullish bias on gold is natural.
Looking at structure, we can clearly see that the last 18 days’ liquidity is sitting below the previous major swing.
According to SMC/ICT, the market must grab liquidity before making a real move. Retail traders try to buy from that swing low and the imbalance above it, so Smart Money purposely breaks that zone, takes the liquidity, and then shifts direction.
Because both the imbalance and the major swing liquidity are in the same region, the market is highly likely to sweep them together. That’s why the best trade is after the liquidation — not before it. This is exactly why I placed my trade here.