Hello Traders, I've observed that gold is currently respecting the trendline in both directions. However, there's still a valid Fair Value Gap (FVG) in play. If the trendline fails to hold, there's a good chance that price could reverse from that FVG zone.
So, keep a close watch on both the trendlines and the FVG area, and don’t forget to monitor volume for confirmation.
Wishing you all the best — happy trading, and thank you!
So, keep a close watch on both the trendlines and the FVG area, and don’t forget to monitor volume for confirmation.
Wishing you all the best — happy trading, and thank you!
Trade closed: target reached
Closed with 200 Pips. 
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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.