On the 1H timeframe, my perspective on Gold (XAUUSD) remains bullish, with the main target being the buy-side liquidity above current price.
Price has recently formed a bullish Fair Value Gap (FVG), which may serve as support and a potential launch point for further upside. If price holds here, we could see continuation toward higher levels. For entry, I’ll be waiting for lower timeframe reaction and confirmation.
However, it’s also important to note the sell-side liquidity resting just below the FVG. There is a possibility that price may first sweep this liquidity, tap into the underlying bullish order block, and then begin the upward move.
For this reason, I am watching two key areas:
1️⃣ The current bullish FVG as initial support.
2️⃣ The deeper bullish order block, should liquidity below be cleared.
In both cases, my bias remains bullish, but execution will depend on LTF confirmation at these zones.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
Price has recently formed a bullish Fair Value Gap (FVG), which may serve as support and a potential launch point for further upside. If price holds here, we could see continuation toward higher levels. For entry, I’ll be waiting for lower timeframe reaction and confirmation.
However, it’s also important to note the sell-side liquidity resting just below the FVG. There is a possibility that price may first sweep this liquidity, tap into the underlying bullish order block, and then begin the upward move.
For this reason, I am watching two key areas:
1️⃣ The current bullish FVG as initial support.
2️⃣ The deeper bullish order block, should liquidity below be cleared.
In both cases, my bias remains bullish, but execution will depend on LTF confirmation at these zones.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
Trade attivo
⚡️ Trade Update on Gold (XAUUSD)
Based on the analysis, I’ve taken a position on 1M timeframe.
🔹 Entry Model: Inversion
🔹 Personal position aligned with my bullish idea
Let’s see how this trade plays out. I’ll keep you updated!
Trade chiuso: obiettivo raggiunto
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.