Gold has opened the week consolidating under last week’s highs. Price continues to respect a bearish FVG on the 1H/4H chart, with heavy distribution around the 3675–3680 zone.
For direction:
Break above 3687 (D-H) = liquidity grab above highs before any reversal.
Break below 3654 (D-L) = bearish continuation into last week’s low (3626) and potentially the 8HR FVG around 3520–3550 later this week.
Bias is cautious bearish going into Asian → London session. I’ll be patient for confirmation — the cleanest trigger is an hourly close below yesterday’s low.
For direction:
Break above 3687 (D-H) = liquidity grab above highs before any reversal.
Break below 3654 (D-L) = bearish continuation into last week’s low (3626) and potentially the 8HR FVG around 3520–3550 later this week.
Bias is cautious bearish going into Asian → London session. I’ll be patient for confirmation — the cleanest trigger is an hourly close below yesterday’s low.
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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.