Gold is targeting an external liquidity zone around 3,450 after breaking structure and forming a bullish setup. Price is expected to dip into the discount zone near 3,300 to collect liquidity from trendline stops before a strong move upward. Smart money is likely hunting below prior lows before initiating the next bullish leg.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.