FX.co ★ king.zelda | XAU/USD, GOLD

Hello colleagues! I suggest analyzing gold (GOLD) by looking at the hourly chart (1H). Currently, we are in a bearish narrative. At the same time, the order flow is formed with a small number of confirmations, which may indicate the formation of compression higher. To open a selling position at the moment, I would like to see manipulation. Ideally, it would be to see liquidity withdrawal at the price level of 3340. The potential for opening a buying position is postponed because the fractal at the price level of 3284 has been broken, and the price itself is consolidating below. Thus, tomorrow it will be relevant to look for a selling position.