Looking like a Tempting Buy in the Making for XAUUSD
If XAUUSD price is driven to the yellow FVG zone later today when the NFP news is out, I will be interested in looking for a potential buy to take out the Equal Highs (red line) above which is the previous week's high.
Note
Price is heading down towards the targeted buy zoneNote
Price has tapped into the yellow zone followed by a displacement candle to the upside triggering the buy. Note
Shift in Market Structure on the 5mins chart and return to the order block for another buy entry.
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.