🔥 GOLD BUY SETUP — LIQUIDITY TRAP IN PLAY? 🥇
Considering the bullish Monday market behavior, we’ve taken a BUY trade on XAUUSD.
Gold has shown strong support from the Asian session support zone, while the 4626 level has also acted as strong intraday support.
📊 Why the BUY?
• Strong intraday support holding
• Bullish Monday structure
• Multiple lower highs have formed
• Potential liquidity trap for lower-high sellers
• Gold is still holding below key resistance
🚀 ABOVE 4644 = BULLISH MOMENTUM
A breakout above 4644 could trigger a sharp upside move as short sellers get trapped and liquidity is taken.
🎯 Key Level: 4644
⚠️ Manage risk properly and avoid overleveraging.
farah khan