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I’m seeing short positions get squeezed around $5212.09, and price stayed elevated instead of pulling back after the move. That reaction shows supply was absorbed while buyers maintained control.
EP: $5235
TP1: $5310
TP2: $5430
TP3: $5600
SL: $5110
Price is holding above $5210, keeping the structure constructive.
Upside continuation is strengthening as liquidation removes downside pressure.
Liquidity rests near $5350 and $5520, which can attract further expansion.
$XAU