Gold played out so good as we expected, gold broke the uptrend and started bearish rally and we are lucky that we caught the breakout, till now we have got 320 pips in few hours from a single trade, that was easy, and it also hit our 1st TP now you all who have followed this idea may close or hold the trade to the 2nd TP zone, and also set your trades to Breakeven...
So in the previous idea i have shared gold breakout analysis but forgot to add buy side liquidity, now i have marked the buy side liquidity if gold respects this zone then its a buy continuation...
I have mentioned some of my thoughts on GOLD, it may break the long uptrend it has been in for months, this no financial advice, use technical and fundamental analysis before leaping to the trades, i have shown my bias on XAU/USD it may could change depends on any on going Fundamentals.
Supply and demand areas are marked in the chart possible to take trades on breakout of trendline or supply or demand zones, gold market is bullish i wont look for sell until it breaks bullish trend, u can get another confirmation for entry with 50 EMA + 1Hour chart.