From TradingView · · 50s
Gold Targets $4,500 After Liquidity Sweep
Gold price poised to surge past $4,500 after liquidity sweep and yield reset.
In brief
Gold price poised to surge past $4,500 after liquidity sweep and yield reset. Gold is expected to reach $4,500 following a liquidity sweep and yield reset as central banks pause rate hikes. Originally reported by TradingView.
Gold Builds Bullish Structure
Gold is building a bullish continuation structure on the 4-hour chart after purging late buyers.
Liquidity Sweep at $4,050-$4,080
The market flushed weak-handed retail long positions before leaving a strong rejection footprint.
Immediate Hurdle at $4,220-$4,260
Gold is working through minor intraday supply to trigger an acceleration phase.
Key Institutional Supply at $4,280-$4,310
Conquering this zone confirms structural confirmation on the higher daily timeframe.
Macro Target Zone at $4,520-$4,560
The completion of this multi-week cycle maps directly into the top historical distribution block.
The key point
Gold is expected to reach $4,500 following a liquidity sweep and yield reset as central banks pause rate hikes.
