Gold Long Pending
XAU setup I am currently watching. Sell side liquidity has been tapped into, alongside a little rejection of the daily supply zone. Although, overall market structure is Bullish, I am anticipating a grab on liquidity on the buy side while filling in the imbalance of the previous impulsive candle and then a tap into POI where I will be looking to take a long position into the daily supply zone. Caution on there is buy side liquidity resting below POI, so will see how it reacts. But overall, I am only looking for a long position.
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