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Gold could potentially retrace back into this identified fair value gap (FVG), and if it respects this zone as a point of interest, we may see a bullish reaction. This reaction could serve as a catalyst for the market to resume its upward trend and possibly form a new higher high in the process.
ONLY_PIPS
I’m noticing a clear market structure shift on the daily timeframe, which suggests that the market is likely to continue its bearish trend. This shift is confirmed by the break of a significant higher low, signaling that bearish momentum may be taking control and that we could see further downside movement.
ONLY_PIPS
The market has broken above the Tokyo session high. However, if it breaks and closes below a key low, this could be a strong indicator of an impending reversal.
ONLY_PIPS
The market has broken above the Tokyo session high. However, if it breaks and closes below a key low, this could be a strong indicator of an impending reversal.
ONLY_PIPS
Simply waiting for an MSS and FVG or OB to enter a sell.
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