Today, we are discussing the next move for XAUUSD. After the daily candle closed, the market successfully tested the daily order block and moved downward, completing a significant imbalance. I have created a structure for XAUUSD to help predict the market's next move. If the market forms this type of structure, you will understand the expected movement
I anticipate the market's next move will be downward due to the upward movement of the DXY today, which is a news day. It is crucial to avoid trading before the news starts or to exit any trades you have placed.
I expect the market to test the area of 2355 to 2364. If you want to execute a trade, this is the time to do so before the news begins. However, if XAUUSD candles close at 2398 for 1, 2, or 3 candles and reach the area of 2398, my structure will be invalid. On the 15-minute chart, the market has tested its fair value gap (FVG) and is moving downward. This is the time for trading, but you might be sleeping.
Don't forget the entry confirmation criteria: liquidity, order block, FVG, and momentum shift. Please find the Image & skeleton I created. You will also learn what the market is doing if it responds as indicated.
XAUUSD Daily Block Retest- The Xauusd continued moving lower, and after close daily candle market successfully test the area retest of a previous today order block. This balanced out a major disparity that existed. This guide aims to provide a clear structure for the traders to anticipate the next market movements and make informed trades. THIS IS PERFECT STRUCUTRE TO MARKET THIS TIME GLVIS SUCKER SIGNAL AND SHOWING DIRECTION
The target area for the market to test is between 2355 and 2364. Traders are advised to consider executing trades at this level before the news begins. However, if the market closes candles at 2398 for an extended period, the anticipated structure becomes invalid. The 15-minute chart shows the market testing its FVG and moving downward, which is an ideal time for trading, though it may be outside of active trading hours for some.
Remember to always look for entry confirmations such as liquidity, order blocks, FVG and shifts of momentum during a trade. A look at the image and structure provided can help give insight into what that network activity might do If it behaves as I predict. Traders can use it to increase trading options in a sound manner as the detailed review is directed towards making them aware of worthwhile alerts.
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