1d • Trade RoadMaps
XAU/USD
Right now I’m a little indecisive on Gold, but there are a few things worth paying attention to.
Throughout the day we’ve seen several bearish candles printing with noticeable intent, which could be hinting at potential downside pressure.
At the same time, we’re seeing a lot of resting liquidity being engineered around the equal lows. This is most likely the market engineering liquidity for a larger move.
For now, the plan is simple: let price develop during the Asia session and observe how the market behaves heading into the London Open (KTW). That will give us much more information about the true direction and whether the market is preparing for a liquidity sweep or continuation.
Remember, patience is key in trading. There’s no need to force a position when the market hasn’t clearly revealed its intentions. Let price action unfold, allow the market to show its hand, and then we can position ourselves with the highest-probability setups once direction becomes clearer.
Stay patient, stay disciplined, and let the market come to you. 📊
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XAU/USD
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