FORECAST FOR XAU/USD
Updated
XAU/USD is currently headed for liquidity on the upside because a supply zone failed to break structure. Above this liquidity however lies a 2H POI which could possible change the bullish nature of the market into a bearish one(temporarily at least); possible to fill up the FVG below.
Order cancelled
Price grabbed liquidity and blasted past the 1H POI. This means i'll have to get back to the drawing board and re-analyse. The great thing about SMC is you don't enter a trade until you get CHoCH confirmation, I did not see that here so i get to walk away with my money intact
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