Is XAU heading higher?
Gold failed to break the 2020 low and showed the bears were not strong enough. Todays Asia session has been quite bullish. Looking at the trendline, liquidity could very well be lying above it attracting the price towards the 2043-2046 zone where a reaction could occur. Above that are imbalances that the price could fill around the 2051 region. Keep an eye out for today.
