XAUUSD - 29/8/2025GoldOANDA:XAUUSDAlpenglowTraderYesterday i captured a great move with gold : 7R win. but didnt have time to detail that idea. There is a break in the main trend line to the bullish direction. Here i am looking for a small pull back today which has been playing out and and identified an area to buy limit from. There is equal low liquidity on the left which is giving me confidence that the lows will be swept and that i should focus on the lower zone just below the imbalance. +ve: 1. trade in direction of larger trend 2. equal lows to be swept and zone identified is higher probability 3. zone above has been touched but the horizontal line indicates the imbalance remaining -ve: 1. some strength showing up in teh dollar today 2. big news coming out later income, spending and price index MoM Entry: - At the demand zone top SL: - below the zone, if this is broken - there may be a direction change coming for the medium term TP: - current targeting the remainig imbalance and the recent high - but i may push it higher if i see stronger bullish momentum coming through after the news.