XAUUSD: Relief Bounce Into Trap? Smart Money Preparing Next Drop
XAUUSD (Gold) is currently in a post-liquidity reaction phase after a strong bearish expansion that pushed price into the 4500 demand zone. Following this move, price is forming a relief bounce, which is a typical behavior after liquidity is taken. At the moment, price is approaching a key liquidity rebalance / sell zone between 4620…
