XAUUSD 4H Analysis
Gold is currently trading inside a 4H bearish FVG.
I have two scenarios:
Bullish scenario (preferred):
If price closes above the bearish FVG and creates an inversion, I will look for buy setups on lower timeframes.
Bearish scenario:
If price respects the 4H bearish FVG and closes below, I will look for sell setups with confirmation.
Personally, I favor the bullish scenario based on liquidity perspective, as the probability of higher prices is currently stronger.
Gold is currently trading inside a 4H bearish FVG.
I have two scenarios:
Bullish scenario (preferred):
If price closes above the bearish FVG and creates an inversion, I will look for buy setups on lower timeframes.
Bearish scenario:
If price respects the 4H bearish FVG and closes below, I will look for sell setups with confirmation.
Personally, I favor the bullish scenario based on liquidity perspective, as the probability of higher prices is currently stronger.
Transaction en cours
Price close above bearish FVG and created inversion and also we have new bullish FVG.So the first scenario is on play.
Note
Trade fermée: cible de profit atteinte
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.