🌐 London Open Update: Gold Manipulating at the Premium Zone! 🚨🇬🇧
Hey traders, Raffayel here.
One hour into the London Open, Gold ($XAUUSD) is holding firmly at $4,345.01, printing a +0.65% intraday gain.
The 15M chart tracks the institutional algorithm flawlessly:
1️⃣ Liquidity Retention: Following the bullish CHoCH, price is currently respecting and hovering right above the immediate FVG level at $4,340.
2️⃣ The Play Area: Price action is consolidating just below the $4,360 swing high as London volume engineers new liquidity pools.
On our funded account (Master Zero) with a strict 0.05 lot, we remain patient. A break below $4,340 will trigger a mitigation phase down into the major bullish FVG (green box) towards $4,310. Conversely, clearing $4,360 opens the floodgates to the $4,380 liquidity pool. Core capital sits safe in USDT/USDC.
Where do you see the next liquidity sweep firing up? Drop your bias! 👁️🗨️👇
#Gold #XAUUSD #SMC
#ICT $PAXG