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Gold is currently exhibiting high-probability reversal behavior on the 1H timeframe following a significant liquidity sweep. Price action suggests institutional accumulation within the current demand zone as buy-side liquidity builds across multiple timeframes.
Trade Setup: Swing Long
We are looking to capitalize on the rejection from this liquidity zone. The setup targets a bullish expansion toward higher-level resistance.
Entry Zone: $5,040 – $5,050
Stop Loss: $5,020 (Below the sweep low)
Primary Targets: $5,100 | $5,200
Extended Targets: $5,250 | $5,300
