Gold’s Liquidity Gap: Bearish Signals Align with Market Shifts
🔍 Insights from FVG (Fair Value Gaps): The chart highlights key Fair Value Gaps (FVG) – liquidity voids that price tends to revisit and fill. FVG acts as a magnet: Prices often retrace to these zones to rebalance liquidity. Currently, gold is trading near the strong resistance level of $2,786, which could trigger a significant correction.
📊 Key Levels to Watch: Major Resistance Zone: $2,786 - $2,790: This is a strong resistance area where a reversal is highly probable if selling pressure dominates. Important FVG Zones: $2,728 - $2,683: Price is likely to revisit this zone to fill the liquidity gap. $2,580: If selling pressure persists, this zone will be the next target.
🔄 Market Behavior and SWAP CHARGE Alignment: SWAP CHARGE shifting from buying to selling: This is a strong indicator that selling volume is gaining dominance, aligning with the likelihood of price retracing to lower FVG levels. Formation of a bearish trend: Failure to break the $2,786 resistance and potential retracement toward lower FVG zones reinforce the expectation of a bearish cycle.
💡 Conclusion: Forecast: Given the current market behavior and SWAP CHARGE data, it is highly likely that gold prices will correct toward lower FVG zones such as $2,728, $2,683, and even $2,647. Trading Strategy Tips: Closely monitor price reactions at major resistance levels before entering trades. Use the FVG zones as key targets when the bearish trend is confirmed.
👉 Reminder: Always set your TP/SL levels to protect your account and manage risks in this volatile market. 📢 Follow KevinNguyen-SimpleTrade for more in-depth analysis and effective trading strategies! 🚀
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