After a clean bullish expansion last week, Gold is now testing a 4H bearish FVG around 4,200–4,240. Price is currently holding below the day’s open (4,203), suggesting potential short-term weakness.
If we stay below 4,203, I’ll look for a corrective move toward the 4H bullish FVG just below the previous day’s low (around 4,060–4,090).
Above 4,220, the bullish continuation remains valid.
Currently in observation mode — waiting for intraday confirmation before engaging any short bias.
If we stay below 4,203, I’ll look for a corrective move toward the 4H bullish FVG just below the previous day’s low (around 4,060–4,090).
Above 4,220, the bullish continuation remains valid.
Currently in observation mode — waiting for intraday confirmation before engaging any short bias.
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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.