OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here we see a nice break to the up side without any retest. In addition, on the 15m TF, we have identified a bullish OB followed by the institutional candle to the upside, leaving significant liquidity gap. As such, we want to be patient and wait for price to come to our fair value before riding this back up. In the event price fails to close the void and has a bull run, this trade is invalid.

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.