Atm gold have nicely rejected from 4hr FVG, there is a setup for short. But can't ruled out that there is a possible another scenario as well. Gold for a long time is in bullish trend. I might going try to short if price will breaks out of current uptrend channel. This week we have some news coming out , so it could be quite volatile price action. Stay safe
Trade active
Gold took the bullish scenario, rejected from exact zone I have marked and with todays news headed strongly to north. I never shorted because price have not showed enough of bearishness, instead I have longed today from 3607 to 3632. Trade closed: target reached
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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.