XAUUSD (Gold) Market Analysis

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XAUUSD (Gold) Market AnalysisGoldOANDA:XAUUSDsobtirubal7The current market structure suggests that price is in a liquidity-seeking phase. There is clearly visible Buy Side Liquidity (BSL) resting above previous highs. Price is likely to move upwards first It will sweep the BSL (liquidity grab) After that, expect a strong rejection / displacement Followed by a bearish move to the downside Best entry comes when: MSS + displacement + retracement into POI align together