$XAU


Gold is currently navigating a corrective phase following the parabolic run to $5,600.
The market structure has shifted into a wide distribution range, confirmed by the recent series of LHs.
Price is currently stabilizing around $4,666 after a deep liquidity sweep into the $4,000 demand zone.
While the macro trend remains bullish, the immediate order flow is heavy.
We need to see a decisive reclaim of the $4,800–$5,000 cluster to invalidate the local bearish bias and resume the expansion.
Until then, expect further consolidation as momentum resets.
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BTC_Fahmi
· 7h ago
LFG 🔥
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