XAUUSD Analysis for 3 September 2024

Sep 3

Currently in a buy program targeting the 15mins FVG above. Thereafter, will want to see price react and indicate that it wants to move back downside to take out the engineered Equal Lows below (green line)

Sep 3

Note

Buy target met. Price has shot passed the FVG and into a possible sell order block on the 15mins. Nevertheless, will monitor for confirmation as to whether price reverses or continue upwards since I am leaning towards further upside on the longer timeframe charts i.e. 4H and Daily.