XAUUSD Deep Pullback / What to Expect as the New Year Unfolds

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XAUUSD Deep Pullback / What to Expect as the New Year UnfoldsGold vs US DollarPEPPERSTONE:XAUUSDfxtraderanthonyI’m currently looking at Gold (XAUUSD) 👀🥇. We’ve had a deep pullback, which is exactly the pullback I’ve been talking about in my previous videos 📉📊. Keep in mind, we’re at a key timing window — it’s the end of the week, end of the month, and end of the year 🕯️📆. During these periods, it’s very common to see long candle wicks, where price reaches higher levels and then pulls back into the close 🔄⚠️. With New Year’s Eve approaching, I won’t be actively trading ❌📉. Liquidity is thin and conditions can be unreliable. That said, I’m still closely watching the markets 👀📈 and paying attention to how price behaves heading into the new year. Gold is currently pulling back, and this is a deep retracement — and yes, it could pull back even further 🧲📉. As we close out the year and roll into the new one, I expect to see a liquidity run as the new year opens 🚀💧, which could lead to one more deeper pullback. After that, I’ll be looking for structure to form and a clean trend to set up 📈🧠. Patience is key here — let the market show its hand. ⚠️ Not financial advice. Always manage risk and trade responsibly.