XAUUSD 1H: Price Action Analysis at Key ICT Levels (D/FVG and ?

Current Price: The price is hovering around the $4,106 level, near the bottom of a smaller consolidation box.
Key Bullish Driver: The price is currently reacting to or hovering just above a major Daily Fair Value Gap (D/FVG).
A Fair Value Gap (FVG) is an area of price inefficiency (imbalance) left on the chart during a swift price move. It often acts as a magnet or a support/resistance zone when price returns to "fill" it.
Since the price is currently in the upper half of this Daily FVG, traders expect this area to provide strong support for a potential continuation of the uptrend.
Key Pivot Point (1H BPR): The green box is marked as a 1H Balanced Price Range (BPR).
A BPR is a zone where two opposing Fair Value Gaps (a bullish and a bearish FVG) overlap. This overlap signifies an area where the price has been "rebalanced," making it a high-probability zone for a reversal or strong rejection when tested.
The BPR, just above the current price, would be the first line of resistance if price starts moving up, or a re-entry point for buys if it drops lower and then reverses.
Potential Scenarios:
Bullish Continuation: Price uses the D/FVG as support and breaks above the local resistance (around 4,115) to target the recent highs in the 4,140-4,150 zone. (This is the expected move, indicated by the search results suggesting a bullish outlook toward $4,150).
Deeper Correction: Price fails to hold the upper boundary of the D/FVG and drops lower to test the midpoint or the bottom of the gap before finding institutional demand.
Key Bullish Driver: The price is currently reacting to or hovering just above a major Daily Fair Value Gap (D/FVG).
A Fair Value Gap (FVG) is an area of price inefficiency (imbalance) left on the chart during a swift price move. It often acts as a magnet or a support/resistance zone when price returns to "fill" it.
Since the price is currently in the upper half of this Daily FVG, traders expect this area to provide strong support for a potential continuation of the uptrend.
Key Pivot Point (1H BPR): The green box is marked as a 1H Balanced Price Range (BPR).
A BPR is a zone where two opposing Fair Value Gaps (a bullish and a bearish FVG) overlap. This overlap signifies an area where the price has been "rebalanced," making it a high-probability zone for a reversal or strong rejection when tested.
The BPR, just above the current price, would be the first line of resistance if price starts moving up, or a re-entry point for buys if it drops lower and then reverses.
Potential Scenarios:
Bullish Continuation: Price uses the D/FVG as support and breaks above the local resistance (around 4,115) to target the recent highs in the 4,140-4,150 zone. (This is the expected move, indicated by the search results suggesting a bullish outlook toward $4,150).
Deeper Correction: Price fails to hold the upper boundary of the D/FVG and drops lower to test the midpoint or the bottom of the gap before finding institutional demand.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.