**XAUUSD Gold - Bank Strategy Analysis
No indicators used here. Only price, structure, and liquidity zones.
What I See
Market made a sharp drop from the $4711 supply zone to $4540 demand zone
- Price is now consolidating between these two levels
- The $4692-$4711 area acted as resistance multiple times
- $4540 is acting as short-term support
Bank Strategy Concept:
Look for liquidity grabs above resistance and below support.
Price often sweeps these zones before reversing or continuing.
Key Levels:
Resistance: $4692, $4711, $4729
Support: $4540, $4520
This is pure price action observation. No financial advice.
Always manage risk and wait for your confirmation.
Do you trade Gold with price action or use indicators? Comment below 👇
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