Gold 1H TF, Short Position.
The market will pullback to mitigate FVG, and it will continue moving down to sweep the Equal Lows or PDL (Previous Day Low).
Price also failed to break the resistance around 2527, or sweeping the PDH (Previous Day High).
Market structure went through the major line around 2515.
Also the FVG is around the discount area of Fib.
The market will pullback to mitigate FVG, and it will continue moving down to sweep the Equal Lows or PDL (Previous Day Low).
Price also failed to break the resistance around 2527, or sweeping the PDH (Previous Day High).
Market structure went through the major line around 2515.
Also the FVG is around the discount area of Fib.
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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.