$XAU just wiped out a $20.47K long at $4,060.73 on Binance.
That liquidation is worth watching because leveraged longs getting cleared can fuel another move before the market decides its next direction. I’m looking for a clean reaction around the $4,050–$4,070 zone.
EP: $4,055–$4,075
TP1: $4,110
TP2: $4,165
TP3: $4,220
SL: $4,010
If XAU holds the entry zone and reclaims $4,100 with strength, the upside setup starts looking interesting. A clean break below $4,010 invalidates the idea.
Trade the reaction, not the liquidation headline.
Let’s go $XAU
That liquidation is worth watching because leveraged longs getting cleared can fuel another move before the market decides its next direction. I’m looking for a clean reaction around the $4,050–$4,070 zone.
EP: $4,055–$4,075
TP1: $4,110
TP2: $4,165
TP3: $4,220
SL: $4,010
If XAU holds the entry zone and reclaims $4,100 with strength, the upside setup starts looking interesting. A clean break below $4,010 invalidates the idea.
Trade the reaction, not the liquidation headline.
Let’s go $XAU