XAUUSD by Lana_M2 — TradingView

Gold has performed strongly following the withdrawal of sell-side liquidity, with current price action suggesting that the market is building structure rather than an aggressive trend.

📌 Technical images (based on SMC/Flow)

The price transitioned from a sell-side retracement to a steady increase and is now sitting on the upper trendline.

The 4,940-4,970 point area is a short-term equilibrium/rebound area where price pauses and accumulates liquidity.

Above the current range, there is significant sideways liquidity near the recent highs, with the main magnet near 5,015.

A healthy correction towards 4,920-4,940 will help maintain the intraday bullish structure and generally provide a better re-entry opportunity than chasing higher.

🎯 Scenarios that need to be monitored

Bullish continuation: Stability above 4,940-4,970 → Retake highs → Look for liquidity towards 5,015, if price accepts this, continue higher.

The first is the corrective decline: it quickly pulled down to the 4,920-4,940 point range → rebounded to the trend line → continued to extend towards the high point.

🌍 Overall background (short and relevant)

Oil investment fund flows have increased sharply as tensions between the United States and Iran escalate, which typically heightens geopolitical risks. Gold tends to benefit as a defensive play when risk sentiment heats up – supporting the idea that corrections are likely to remain corrective rather than reversal driven.

✨ Stay patient, trade level, and let liquidity guide the next expansion. Follow Lana for more updates from the day and share your views in the comments.