XAUUSDT — 30M Analysis 📊
$XAU
Price has made a strong bearish move from the 4200 area and is now consolidating around the 4120 support/demand zone.
There are multiple lows around 4120, which means liquidity is likely sitting below this area. My main scenario is for price to sweep the liquidity below 4120 and then reclaim the demand zone with bullish confirmation.
$XAU
If price sweeps 4120 and reclaims 4130–4135, I’ll be watching 4140–4145 as the first important resistance.
A clean break and acceptance above 4145 could open the way toward 4160–4165.
However, if we get a strong 30M close below 4120 followed by a failed reclaim, the bullish setup would be invalidated and further downside could follow.
Plan:
Liquidity Sweep → Reclaim → Confirmation → Upside
Not financial advice. KaPs.
#GOLD_UPDATE
#GoldenLionSignal
#XAU
#XAUUSD
$XAU
Price has made a strong bearish move from the 4200 area and is now consolidating around the 4120 support/demand zone.
There are multiple lows around 4120, which means liquidity is likely sitting below this area. My main scenario is for price to sweep the liquidity below 4120 and then reclaim the demand zone with bullish confirmation.
$XAU
If price sweeps 4120 and reclaims 4130–4135, I’ll be watching 4140–4145 as the first important resistance.
A clean break and acceptance above 4145 could open the way toward 4160–4165.
However, if we get a strong 30M close below 4120 followed by a failed reclaim, the bullish setup would be invalidated and further downside could follow.
Plan:
Liquidity Sweep → Reclaim → Confirmation → Upside
Not financial advice. KaPs.
#GOLD_UPDATE
#GoldenLionSignal
#XAU
#XAUUSD
