Gold's meteoric rise has repeatedly left behind Fair Value Gaps (FVGs), classic markers of a strong trend. Each gap has been efficiently reclaimed before another surge, reflecting robust institutional demand.
The chart structure is impeccable: consistent higher highs and higher lows, an expanding Ichimoku cloud (Kumo), and price firmly above the cloud. The most recent FVG around $3,410 is now acting as a firm springboard for further gains.
With tailwinds like a weakening USD, lower bond yields, and geopolitical concerns, all signs point to gold breaking its record high—possibly within the week.
The chart structure is impeccable: consistent higher highs and higher lows, an expanding Ichimoku cloud (Kumo), and price firmly above the cloud. The most recent FVG around $3,410 is now acting as a firm springboard for further gains.
With tailwinds like a weakening USD, lower bond yields, and geopolitical concerns, all signs point to gold breaking its record high—possibly within the week.
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Trade like you mean it – because every second matters.
📊 Instant insights.
📬 Precision signals.
👨🏫 Real coaching. Real results.
👉🏻Join here: t.me/+jBAj1Jdf4vY1NzM1
📊 Instant insights.
📬 Precision signals.
👨🏫 Real coaching. Real results.
👉🏻Join here: t.me/+jBAj1Jdf4vY1NzM1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.