Gold (XAUUSD) has delivered a strong bullish expansion after sweeping liquidity around the lower support region and breaking above the ascending trendline structure. Price is now trading inside a significant bearish order block that previously acted as a major supply zone.
The current reaction suggests that sellers may become active within this resistance area. If bearish confirmation develops, a corrective move toward lower liquidity zones could follow. Traders should monitor price action closely for rejection candles, market structure shifts, or momentum weakness before considering any position.
Key Technical Factors:
- Price trading inside a higher-timeframe bearish Order Block.
- Previous resistance zone being retested.
- Liquidity sweep followed by strong bullish impulse.
- Potential retracement toward lower support and liquidity levels.
- Risk management remains essential due to strong recent bullish momentum.
Trade Parameters (Illustrative):
🔴 Entry: 4357
🛑 Stop Loss: 4370
🎯 TP1: 4335
🎯 TP2: 4316
🎯 Extended TP: 4305
Profilo MQL5
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