Yesterday the price started a fast ascending movement.
Probably, Eurodollar has completed the descending impulse, which may be either the third wave of the wave C of the zigzag. In the nearest future, after finishing this bullish impulse, the pair may start a new correction, which may be followed by another bullish impulse in the wave [c] (or the third wave, in case earlier it formed the descending zigzag A-B-C).


![[XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026). [XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg)