⚜️ Gold

$XAUUSD XAUUSD – Intraday Mind | Liam

Gold just swept liquidity and delivered a sharp sell-off from the 5,080 distribution zone, breaking structure aggressively before finding bids near the 1⁠.0 Fibonacci retracement⁠.

Now price is retracing — but this looks corrective, not impulsive⁠.

Structure Read (M15)

Buy-side liquidity⁠: ~5,100 – 5,120 (untouched above)

Current reaction zone⁠: 4,970 – 5,000

Intraday supply (lower high area)⁠: 5,020 – 5,050

Deeper downside target⁠: 4,880 – 4,900

The rebound from 4,900 is technically a pullback into imbalance, not a confirmed reversal⁠. Lower highs are still in play unless price reclaims 5,050 with strong acceptance⁠.

Intraday Bias

As long as gold trades below the prior distribution range, rallies should be treated as liquidity rotations⁠.

Failure to break and hold above 5,050 keeps downside pressure active — opening room back toward 4,900 liquidity⁠.

No prediction⁠.

Read the structure⁠.

Trade the reaction⁠.