Gold (XAU/USD) - Intraday Analysis with Session Ranges
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This analysis highlights key trading levels and session ranges for Gold (XAU/USD) on a 15-minute timeframe:
Session Ranges:
Asian Range: Marked with vertical blue lines to identify the high and low during the Asian session. London Range: Marked with vertical orange lines to capture market activity during the London session. Key Levels:
Buy Side Liquidity (BSL): Located at $2,665.552, signaling potential targets for bullish momentum. Weekly Open Levels: Historical reference points (16 Dec, 18 Dec, 2 Jan) for price reactions and bias determination. Current Price Action:
The price swept the Asian High (6 Jan), indicating liquidity grab before a move higher. A bullish setup is confirmed as price broke above the London High (LND HG), with a potential continuation toward the Buy Side Liquidity zone. Trade Plan:
Entry: After confirmation of price reclaiming key liquidity levels. Target: $2,665 - $2,670 area (Buy Side). Stop Loss: Below the London Low (LND LW) for risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.