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.
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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.