Or / Dollar Américain
Long

Successful Market Execution on XAUUSD

120
In this example, we see a perfect market execution on XAUUSD . After the liquidity zone (Asian market, also known as the "Asian Range" or ARZ for short) formed, the price dropped directly into the first order block. Considering the remaining liquidity to be cleared and the supply zone above, marking the current all-time high (ATH), this was a clear buy signal for me (long position). In hindsight, I also noticed that my extension was spot on, although I hadn’t factored that in when entering the trade. This should be mentioned here as an additional confirmation.

As you can see, the market quickly filled the ARZ, as usual, and just before the strong bullish move upward, it even dipped back into our order block, which almost knocked me out of the position. However, by that time, I had already secured and partially closed the position. In the end, the market respected all of the mentioned zones, and the trade was a complete success.

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