$XPD

The short liquidation at $1713.59 indicates bears were forced out as price surged through key resistance, often signaling trend continuation. Price has now established a strong support base near $1685, which should act as a critical pullback zone for buyers. As long as price holds above this region, bullish momentum remains intact with immediate resistance around $1750. A clean breakout above this level opens the door toward the next upside target near $1820, aligning with prior rejection zones. The liquidation squeeze suggests demand strength and rising market confidence. If price revisits and loses $1685, a deeper retrace toward $1620 could occur before another push higher. Overall bias remains bullish following the short squeeze event. $XPD ‌