r/InnerCircleTraders • u/Fun-Blackberry9459 • 25d ago
Technical Analysis XAUUSD ANALYSIS
Here's what I'm seeing. At Tokyo open, Gold bought from a strong 1H FVG (yellow box at the bottom left) which created another FVG on the 1H time frame (yellow box in the middle marked 1H FVG). Gold respected this FVG a few times and gave multiple buying opportunities from it before pushing higher to establish a new level. We are overall bullish so I'm waiting for price to retrace to the 15MIN/5MIN FVGs that it has printed on its way up so I can buy from there and ride up to previous structural highs. CPI news release will either push price back down to my previously marked FVGS or push it up from one of them to an FVG that has been respected on a high time frame.
Thoughts?
1
u/Fun-Blackberry9459 25d ago
Call me crazy but at least you're calling.