Gold Urgent Update
Gold has recently touched its 4-hour bullish Fair Value Gap (FVG) and is now moving upward. Additionally, there is existing liquidity from previous days positioned above the current price level, which further increases the probability of a continued bullish move.
There is a high likelihood that the market could rise towards the price levels of 3250, 3260, and possibly even 3265. These levels should be closely monitored, as they represent potential short-term targets based on the current price action and market structure.
At this stage, it is advised to avoid entering any selling (short) positions unless a clear and confirmed bearish signal is observed. The market sentiment remains decisively bullish, and until any bearish reversal patterns are confirmed, the upward trend should be respected.
Please conduct your own research (DYOR) and practice proper risk management when trading towards the mentioned target levels.
Gold has recently touched its 4-hour bullish Fair Value Gap (FVG) and is now moving upward. Additionally, there is existing liquidity from previous days positioned above the current price level, which further increases the probability of a continued bullish move.
There is a high likelihood that the market could rise towards the price levels of 3250, 3260, and possibly even 3265. These levels should be closely monitored, as they represent potential short-term targets based on the current price action and market structure.
At this stage, it is advised to avoid entering any selling (short) positions unless a clear and confirmed bearish signal is observed. The market sentiment remains decisively bullish, and until any bearish reversal patterns are confirmed, the upward trend should be respected.
Please conduct your own research (DYOR) and practice proper risk management when trading towards the mentioned target levels.
Trade closed: target reached
160+pips moved successfully.
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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.
Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
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.