Gold’s FVG Play: Fill It, Hit It, Quit It - XAUUSD

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Gold is presenting a bullish setup as price retests and respects a higher timeframe Fair Value Gap (FVG). The retracement into the FVG has been met with signs of displacement higher, breaking through highs and confirming a potential move towards key liquidity zones.

Key Levels to Watch:
-Entry Zone: Around 2,639, aligning with the HTF FVG and short-term liquidity sweep.
-First Target: Buyside liquidity at 2,665 (short-term high).
-Second Target: Buyside liquidity at 2,726 (higher timeframe swing high).

The current price action supports a bullish continuation as we see a strong rejection of the HTF FVG and lower lows transitioning into higher highs. This suggests an imminent push towards buyside liquidity levels.

Conclusion:
-Short-term Outlook: Expect a move to 2,665.
-Medium-term Outlook: Possible continuation to 2,726 if bullish momentum persists.

Remember, price is king, and market dynamics can change rapidly. DYOR before taking any trades.
Trade attivo
FIRST BUYSIDE RAIDED
Chart PatternsTechnical IndicatorsTrend AnalysisXAUUSD

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