Price pushed extremely bullish yesterday, with little chance for pullbacks. I admittedly got stopped out a few times from reacting too quickly to impulses, so today I’m focused on patience and waiting for confirmation.
Currently, Gold is holding above recent levels after breaking higher. There’s still a clean 4H/8H FVG below that price could revisit, but as long as momentum stays intact, buyers remain in control.
⚠️ Important: Tomorrow brings ADP Non-Farm Employment, Jobless Claims, and ISM Services PMI — all of which could drive volatility. Friday is the heavyweight NFP release. Until then, we may see liquidity hunts or choppy price action.
Scenarios I’m watching:
✅ Bullish continuation toward new highs if support holds.
🔄 Deeper pullback into the FVG if momentum stalls.
Staying patient, letting the market show its hand, and keeping risk tight ahead of news.
Currently, Gold is holding above recent levels after breaking higher. There’s still a clean 4H/8H FVG below that price could revisit, but as long as momentum stays intact, buyers remain in control.
⚠️ Important: Tomorrow brings ADP Non-Farm Employment, Jobless Claims, and ISM Services PMI — all of which could drive volatility. Friday is the heavyweight NFP release. Until then, we may see liquidity hunts or choppy price action.
Scenarios I’m watching:
✅ Bullish continuation toward new highs if support holds.
🔄 Deeper pullback into the FVG if momentum stalls.
Staying patient, letting the market show its hand, and keeping risk tight ahead of news.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.