🔥 XAU
📌 Event Details:
• Event Type: Long Liquidation
• Volume Liquidated: $3.087K
• Trigger Price: $4311.49
🎯 Trade Setup:
• Entry Zone: $4305.00–$4315.00
• TP1: $4340.00
• TP2: $4370.00
• Stop-Loss (SL): $4275.00
📊 Market Analysis: The $3.087K long liquidation at $4311.49 indicates forced selling that may have swept downside liquidity and created a potential rebound zone around the trigger price. If buyers absorb the selling pressure and XAU reclaims $4315, the price structure could stabilize and support a move toward $4340 and $4370. A sustained break above the first target would strengthen the recovery structure, while continued rejection below $4305 would suggest further downside pressure. Spot participants should monitor volume and order-book bid absorption for confirmation of renewed buying momentum.
🛡️ Risk Management: Keep spot exposure controlled and size the position so the defined stop-loss represents only a small portion of the overall portfolio.
$XAU