$XAU Weekly Thesis
Gold moved aggressively from the 4,000 area, and after that kind of expansion, I’m watching for a deeper retracement.
The main draw on liquidity I’m watching for the coming week is below 4,223.
That level stands out as a potential downside objective, so I’ll be watching how price develops around the current range and whether that liquidity gets raided.
For now, 4,223 is the level on my radar.
Let’s c how price delivers next week.
NFA. DYOR.
#XAU
Gold moved aggressively from the 4,000 area, and after that kind of expansion, I’m watching for a deeper retracement.
The main draw on liquidity I’m watching for the coming week is below 4,223.
That level stands out as a potential downside objective, so I’ll be watching how price develops around the current range and whether that liquidity gets raided.
For now, 4,223 is the level on my radar.
Let’s c how price delivers next week.
NFA. DYOR.
#XAU