$XAU is because volatility just expanded after a sharp rejection from the intraday high and buyers immediately defended the lower wick. This tells me liquidity was grabbed below and price didn’t accept lower levels for long.

Market read

I’m seeing a classic liquidity sweep on the downside followed by a strong bounce. The structure is still holding above the key demand zone and price is now reclaiming the short-term range. As long as Gold stays above the recent low, the bias remains bullish for a continuation move.

Entry point

I’m looking to enter around 5075 – 5085

This zone sits right above demand and gives a clean risk-to-reward setup.

Target point

TP1: 5100

TP2: 5125

TP3: 5150

These targets align with previous rejection zones and untouched liquidity resting above.

Stop loss

5048

If price goes there, the setup is invalid and I’m out without hesitation.

How it’s possible

Price swept sell-side liquidity, printed strong rejection wicks, and reclaimed the intraday equilibrium. That’s usually where momentum flips. If buyers keep defending above demand, continuation toward higher liquidity is the natural move.

I’m calm, I’m patient, and I’m following the structure.

Let’s go and Trade now $XAU