Gold has sold off hard, but I’m looking for a long after the daily liquidity around $4,111 was swept. Price is now showing some stabilization around $4,135, which gives me a potential reversal setup rather than chasing the selloff.
Entry: $4,125–$4,140
🎯 Target 1: $4,152
🎯 Target 2: $4,180+
🎯 Main target: $4,315
🛑 Invalidation: Below $4,085
The idea is simple: liquidity gets taken, buyers step in, and price starts reclaiming the range. I’d want to see that reaction hold before adding to the position.
I will be going all in with 0.01 LOT with 800X leverage bitget offers on CFD..