XAUUSD by LiamTradingFX — TradingView

XAUUSD – 11/12: After strong news, trade only in the liquid space

Following yesterday’s strong news, the market is moving in no clear direction today.
So I’m not trying to predict trends – I’m just focusing on two areas that are important to liquidity:

Sell ​​zone (timing) is 4.219

OB buying area is 4.197–4.194

It fell during the Asian session, but the larger trend remains up.
Today’s strategy: Short – buy at strong support, no one-way entry.

🎯 Scenario 1 – Sell at 4.219 (experts only)

Sell: 4.219
NOTE: This is an entry opportunity, not a limit order.

Allowable error: about 2 points
If the price reaches 4.221 → we ignore the trade.

TP: At least 15 points, such as 4.204-4.203.

idea:
4.219 FOMO The upper liquidity area where buy orders accumulate.
If price breaks out and weakens → enter intraday selling.

⭐️ Scenario 2 – Buy at 4.197–4.194 (OB)

Buy: 4.197–4.194
If the price breaks above 4.191, the scenario becomes invalid.

TP: +15 points, for example 4.209-4.212.

reason:
The OB had previously pushed prices strongly higher – indicating the entry of institutional liquidity.

Fundamental factors and market psychology

After a strong rebound, buyers are becoming more cautious.
The reason: Uncertainty over how quickly the Federal Reserve will cut interest rates.

As a result, gold prices are currently trading in a wide range rather than a clear trend.

planning and discipline

Don’t get into the 4.20x range.
Only executed under the following circumstances:

Sell ​​timing 4.219 (±2)

Purchase OB 4.197–4.194 (cancel under 4.191)

👉 4,219 and above → only for sale
👉 Within 4.197–4.194 → Buy
👉 Below 4.191 → Cancel purchase scenario