Trump, Gold, and FVGs: The Ultimate Plot Twist to 2726!

Gold continues its overall bullish bias, as evidenced by its respect for the HTF daily FVG, supported by a 1-hour FVG that aligns with the broader structure. The green zone OB presents a potential entry point, reinforcing the upside momentum.

Key Observations:
-The FVG entry aligns perfectly with the bullish structure, adding confluence to the trade.
-Price is expected to target the buyside liquidity at 2726.195 this week.
-However, market fluctuations due to the USD and Trump inauguration period could introduce volatility.

Conclusion: Maintain a bullish outlook while being mindful of potential short-term fluctuations. The 2726.195 buyside liquidity target remains achievable if the current structure holds.


DYOR!
Chart PatternsgoldlonggoldpredictionictTechnical IndicatorslongsetupTrend AnalysisXAUUSD

Also on:

Related publications

Disclaimer