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The XAUUSD chart shows a significant liquidity sweep at 1680, indicating a substantial amount of buying pressure. This is followed by an order block rejection, suggesting that the market is experiencing a shift in momentum. The price action is currently consolidating, but the overall trend appears to be bullish.
The XAUUSD chart displays a significant liquidity sweep at 1,973.00, indicating a substantial amount of buying pressure. This is followed by a rejection of the order block at 1,973.50, suggesting that the market is experiencing a shift in momentum. The price action is currently consolidating, but the overall trend appears to be bullish.
The MCX chart displays a bullish expansion pattern, characterized by a significant increase in price after breaking through a key resistance level. This breakout is accompanied by a liquidity sweep, indicating a substantial amount of buying pressure. The order block, marked by a cluster of buy orders, further supports the bullish sentiment. Additionally, the FVG (Fibonacci Volume) analysis reveals a shift in momentum, with the price moving above the 61.8% Fibonacci retracement level. This suggests a strong upward trend and increases the likelihood of continued price appreciation. Overall, the technical indicators and market structure suggest a bullish bias for the MCX.
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