GOLD TO $2500
GOLD WEEKLY TIMEFRAME
- Resistance at $2400
- Weekly FVG present below $2300, waiting for an internal raid lower (Yellow Zone)
- Please note the Discount Order Block below the support (Green Zone)
- Price took out the internal liquidity and has moved into our FVG (Yellow Zone)
- Will look on lower Timeframes for a possible trade during trade session time.
Please note it is Tuesday only and this candle is already engulfing. Let's see how gold plans to close for this month after this weekly candle closes it could give us some more insight into the coming week.
- Resistance at $2400
- Weekly FVG present below $2300, waiting for an internal raid lower (Yellow Zone)
- Please note the Discount Order Block below the support (Green Zone)
- Price took out the internal liquidity and has moved into our FVG (Yellow Zone)
- Will look on lower Timeframes for a possible trade during trade session time.
Please note it is Tuesday only and this candle is already engulfing. Let's see how gold plans to close for this month after this weekly candle closes it could give us some more insight into the coming week.
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