Gold closed last week with a strong impulsive move into a Daily Fair Value Gap (FVG). As we open the new week, I’ll be watching closely:
Daily FVG (3423–3451): Potential resistance and rejection zone early in the week.
H4 Bullish FVG (3390–3395): If price rejects the Daily FVG, I expect a retrace into this zone to set the weekly low between Monday and Tuesday.
From there, we could see a bullish expansion for the rest of the week.
The key question: Will Gold respect the Daily FVG as resistance before rebalancing lower, or will buyers push straight through?
What’s your bias going into the week? 🚀📉
Daily FVG (3423–3451): Potential resistance and rejection zone early in the week.
H4 Bullish FVG (3390–3395): If price rejects the Daily FVG, I expect a retrace into this zone to set the weekly low between Monday and Tuesday.
From there, we could see a bullish expansion for the rest of the week.
The key question: Will Gold respect the Daily FVG as resistance before rebalancing lower, or will buyers push straight through?
What’s your bias going into the week? 🚀📉
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.