GOLD – From Breakdown to Potential Reversal!

https://www.tradingview.com/x/LgJRg3TS/

📊 Gold Breakdown – From Sell-Off to Potential Reversal?

Yesterday we saw a clean sell-off into 4527, breaking daily structure and clearing a lot of liquidity below 📉

That move wasn’t random… it swept weak hands and filled orders.

🔄 What’s changed?

Since then:

Price has pushed back above the daily trend

At the same time, DXY is starting to roll over from resistance

Momentum is shifting… but the question is:

👉 Was that just manipulation… or the start of something bigger?

🧠 My current read (based on volume)

I’ve re-anchored volume from yesterday’s low to track this move.

Main POC sits at 4609

Price is now building above that level

That’s what I care about.

👉 Not guessing direction…
👉 Watching where price is being accepted

📍 Key levels I’m watching

Asian POC: 4687

London open POC: 4698

Main target (VAH): 4848 and above

If price continues to accept above these volume zones, I favour continuation higher 📈

⚠️ Important context (don’t ignore this)

Markets right now are being pushed by more than just technicals:

Ongoing geopolitical tensions (Middle East / global uncertainty)

Interest rate expectations shifting

USD weakness starting to show (DXY rolling over)

Continued central bank gold demand

All of this adds fuel to gold moves.

🎯 My plan

It’s Friday — so I usually reduce trading (profit taking / chop is common).

But…

If we see clean setups, I’ll be looking for longs:

Around Asian POC (4687)

Or London POC (4698)

Only if price shows acceptance above volume

💡 The edge (simple but powerful)

After nearly 4 years running this:

~76% win rate

6.3R profit ratio

Avg win ~£1,250

And it all comes down to one thing:

👉 Where is price being accepted relative to volume?

That’s where the real decisions are made.

🔄 Final thought

Yesterday cleared liquidity.
Today is about whether price holds value higher.

If it does… upside is open.

If not… we reassess.

If you’re watching similar levels, drop a comment 👇
Always good to see how others are reading it 👀