We are seeing that the price approached the liquidity zone indicating by the right upper arrow. The price just break this high to take liquidity just where the daily order block is. I'm expecting a sharp drop in the price tomorrow and the next week
This is my near term (weekly outlook for gold). I'm expecting some retracement at 1760-1765 level and then my final target is at 1721-1734 order block. If gold break with a strong impulsive move the lower highs then this is a form of a wyckoff's accumulation schema in my opinion and i will change my bias to bullish