XAU/USD Longs from 2,460.000 back up?

As price has made new ATHs and swept that liquidity, I now expect price to retrace and come back down, as it seems like the bullish pressure will gradually die down. Once this happens, it will likely cause a correction, bringing the price back down to the 19-hour demand zone.

Once price enters the zone, I will wait for a Wyckoff accumulation on the lower time frame, which will allow for a precise entry. If price breaks past the zone and enters the daily demand, then I will expect a major buyback, as it's a valid zone sitting at a cheap price.

Confluences for GOLD Buys are as follows:

- Price has taken ATHs, indicating that it is very bullish on both the higher and lower time frames.

- A lot of liquidity has been swept, so price will likely retrace to continue its order flow.

- There is a strong demand zone that has caused a break of structure to the upside.

- Imbalance above the 19-hour demand zone needs to be filled before mitigating demand.

- This is a pro-trend trade idea, and with ongoing wars, I only expect gold to become more bullish.

P.S. If price changes character to the downside and leaves a significant supply, I will then wait for a short-term sell to take it back down toward my original POI (19-hour demand zone).