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XAUUSD 12H Analysis
Interesting location on Gold.
After a strong decline, price attempted a recovery but stalled directly beneath dPOC resistance. Momentum created a potential hidden bearish divergence while price failed to establish acceptance back inside higher value.
Current roadmap:
📍 Bearish Scenario
• LVN fails
• Price continues toward lower value areas
• Liquidity below becomes the next objective
📍 Bullish Scenario
• Reclaim of LVN
• Acceptance above dPOC
• Rotation back toward VAMID
At the moment, rejection from dPOC keeps sellers in control.
The next reaction around LVN should provide important information about market intent.
#XAUUSD #Gold #VolumeProfile #MarketStructure