Market Analysis – Gold (XAU/USD)
Gold is currently trading within a bullish Fair Value Gap (FVG) on the 4-hour timeframe, accompanied by notable volume activity. Just below this zone lies a weekly FVG, and multiple other FVG and Breaker Block (BPR) formations have emerged in the same region. The price action around the 4H FVG level is indicating a strong bullish sentiment.
However, on the 1-hour chart, the market has recently formed a bearish FVG in the 3214–3220 range. If the price breaks above this level with strength, the bullish momentum could potentially drive the market toward the following upside targets: 3233, 3240, 3250, and 3260.
Let’s monitor closely and remember: Do Your Own Research (DYOR).
Gold is currently trading within a bullish Fair Value Gap (FVG) on the 4-hour timeframe, accompanied by notable volume activity. Just below this zone lies a weekly FVG, and multiple other FVG and Breaker Block (BPR) formations have emerged in the same region. The price action around the 4H FVG level is indicating a strong bullish sentiment.
However, on the 1-hour chart, the market has recently formed a bearish FVG in the 3214–3220 range. If the price breaks above this level with strength, the bullish momentum could potentially drive the market toward the following upside targets: 3233, 3240, 3250, and 3260.
Let’s monitor closely and remember: Do Your Own Research (DYOR).
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Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.