It’s usually those following gold’s price.
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It’s usually those following gold’s price.
“The glitch kept traders of commodities such as crude oil, gold and palm oil in limbo with prices frozen, raising concerns that market volatility would intensify when the systems were brought back up.”
This is absolutely BS and doesn’t make any sense. Stack physical too
Trade Setup Summary
BUY Setup (High Confluence)
Entry: 4,205–4,210 (FVG + Order Block + 0.5 Fib)
TP1: 4,230 (Liquidity Target)
TP2: 4,250 (Wave 3 projection + psychological level)
SL: 4,190 (below 0.618 Fib and structure low)
🧭 Actionable Insights & Psychology
Confluence across SMC, Elliott Wave, and Dow Theory supports bullish continuation.
Psychological checkpoint: Avoid chasing breakouts above 4,230 without confirmation; wait for pullback into FVG.
Risk Management: Maintain SL below structural invalidation and avoid overleveraging near liquidity zones.
Signal: BUY
Entry: 4,179.8
TP1: 4,199.2
TP2: 4,201.3
TP3: 4,219.0
SL: 4,159.8
Insights:
Price swept liquidity below 4,179.8 and tapped into a Fair Value Gap (FVG) zone, aligning with VRVP low-volume node and MA support.
RSI bounced near 50 midline, MACD histogram shows bullish crossover potential.
Entry sits at the edge of a demand zone with imbalance fill, suggesting a reversal setup.
#LiquiditySweep #FVGReversal #GoldScalpSetup#RSIConfluence #MACDCrossover #VolumeProfileSupport