XAUUSD
Based off of the Weekly Time Frame, Gold has swept Liquidity from its previous Weekly Low (1945.86) to then regain above Daily support (1955.06)
The Last low( 1947.95) that went on to regain the Daily support (1955.06) can be targeted as a liquidity sweep or maybe even protecting the move from breaking down lower.
Assuming we don't break the Weekly Low (1942.67) we can assume that Gold will attempt to regain the Daily High(1982.19) to either sweep liquidity or continue its move to the upside breaking the Weekly High(1987.53) which can possibly lead to an impulsive move to Daily Liquidity above (2021.99) or get stone walled by Daily BOS(1999.53) which is around the support levels that should have held the move to take out its highs.
Based off of the Weekly Time Frame, Gold has swept Liquidity from its previous Weekly Low (1945.86) to then regain above Daily support (1955.06)
The Last low( 1947.95) that went on to regain the Daily support (1955.06) can be targeted as a liquidity sweep or maybe even protecting the move from breaking down lower.
Assuming we don't break the Weekly Low (1942.67) we can assume that Gold will attempt to regain the Daily High(1982.19) to either sweep liquidity or continue its move to the upside breaking the Weekly High(1987.53) which can possibly lead to an impulsive move to Daily Liquidity above (2021.99) or get stone walled by Daily BOS(1999.53) which is around the support levels that should have held the move to take out its highs.