Asia Killzone eyes Tokyo range liquidity above 4070

Asia Killzone opens with XAUUSD trading inside a low-volume environment, where Tokyo is likely to build the initial range rather than expand aggressively. The key reference remains the fresh bearish FVG between 4070.01 and 4076.04. Jenvu carries a SELL LIMIT at 4073.03, with invalidation above 4081.71. That places the current focus on whether price delivers a controlled buy-side liquidity sweep into the upper edge of the imbalance before rejecting. Expect Asia to engineer range highs and lows that can later serve as liquidity pools for the London killzone. If price trades into the FVG and shows a bearish MSS on lower time frames, the rejection could reprice toward the developing Asia low. The downside draw remains 4046.96, aligned with the expectation of weak overnight delivery. Avoid treating early Tokyo strength as expansion unless displacement confirms above the range. The more probable condition is drift, engineered liquidity, and inefficient price action setting the PD arrays for London participation.