BIG Potential Long For Gold/ XAUUSD This Week !

Weekly Candle has bounced off the weekly support area.

Daily candle closed bullish engulfing after Fridays Non Farm Payroll numbers were released. This supports a bullish bias going into the new week. We can expect a continuation to 1850 and 1862 in the next couple days.

15 Minute chart has taken sellside and then given us a market structure shift as annotated. The market structure shift has caused displacement and left behind an FVG which was then tapped into on Friday post NFP.

We have a new untapped fair value gap which resides below the equal lows on the 15 minute chart. This is likely the next draw on liquidity before the next move to the upside. I'd like to see price sweep the lows and then run for the breakout of the m15 bullish flag that is currently forming. A breakout will be the confirmed entry in to the run for 1850 and 1862 which is the next H4 FVG / imbalance area.

Hope you guys catch this great opportunity with me.

Shakeel_SS.FX
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