- While waiting for Price to take out the structural low on the 4H, we must also stick to what Gold is currently doing.
- Between the current High and Low above, the Price retraced 10% above equilibrium (60%) and sold from there yesterday. (which was also a tap into the Fair Value Gap)
- Since the price has given us minor CHoCh and BOS on the 1H TF, we should also take note that minor higher lows can be used as liquidity for the price to move.
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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.