Hello Traders! Here’s a potential short setup for XAUUSD based on key price action zones and multi-timeframe analysis: 4H Time Frame Insight: The price is currently approaching a significant bearish imbalance at the 2673 level. This zone serves as a possible resistance, offering a high-probability area to look for short entries. 1H Time Frame Insight: Just...
Long positions can be opened at the mentioned FVG. Institutional action can be expected.
XAUUSD could be shorted from the mentioned Fair Value Gap to get high risk reward.
If the price is manipulated toward the FVG, the long side position might be favourable from the mentioned Fair Value Gap.
If the price is manipulated toward the FVG, the long side position might be favourable from the mentioned Fair Value Gap.
The long-side position can be favourable if the price is manipulated toward the mentioned Fair Value Gap.
Nifty50 can be reverse sharp from 23447-23379 support area and target could be higher liquidities and order blocks.
XAUUSD is most likely to get resistance from unfilled Fair Value Gap as there must be lots of unfilled orders from institutions.
BTCUSDT pair can be bought at the mentioned order block with SL below the OB and TGT for the higher liquidity.
XAUUSD bearish from SWING point of view on larger timeframe. Bearish order block is marked from 4H time frame and an imbalance beneath it is marked in 1H time frame which is unfilled and fresh. A sharp institutional downside move can be expected from that imbalance and target can be lower liquidities.
EURUSD: Price most likely to be reversed from this IRL and directed towards the ERLs.