This is a long setup on gold following a strong accumulation phase that created four Fair Value Gaps (FVGs).
The setup offers a favorable 1:4 risk-to-reward ratio.
The only missing confirmation is a clear Market Structure Shift (MSS), which is expected to occur at the Sunday market open during the Asian session.
The setup offers a favorable 1:4 risk-to-reward ratio.
The only missing confirmation is a clear Market Structure Shift (MSS), which is expected to occur at the Sunday market open during the Asian session.
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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.