Gold (XAU/USD) BUY opportunity coming, maybe...XAU/USD Spot - GoldFX:XAUUSDMedintradeI'm an intraday trader, I don't swing trade and learned over the years that "hold" on gold don't work with my personality and it is not good for my psychology. But if I had to pick one setup to sit on and wait for, this is it. Here's the read: Price has pulled back sharply on Friday during New York session from the highs after a distribution phase around $4680-30. From here, scenario 1 is at the 1st watch zone sits at the Imbalance at $4363 created during Europe open on the 19th of August. Below that, two lows at $4328 and $4311 acting as the next liquidity magnets. The yellow path shows what the structure could be doing if the zone doesn't reject the price, and we will then move into scenario 2 with a potential accumulation phase that could happen before the next leg up toward $4620. For both trades it is only after the retracement completes and the structure shifts is confirmed etc... If that plays out the long from either zone will target back toward $4600-20. It is the swing trade of the month in my opinion but it doesn't matter to me, I am only trading M5 during Asia session!! Give it a rocket if you want updates in the notes as price moves through these levels. As always, this is not a prediction, just the path I'm monitoring for fun and based on where liquidity currently sits. God bless!!