Gold has opened the week consolidating under last week’s highs. Price continues to respect a bearish FVG on the 1H/4H chart, with heavy distribution around the 3675–3680 zone.
For direction:
Break above 3687 (D-H) = liquidity grab above highs before any reversal.
Break below 3654 (D-L) = bearish continuation into last week’s low (3626) and potentially the 8HR FVG around 3520–3550 later this week.
Bias is cautious bearish going into Asian → London session. I’ll be patient for confirmation — the cleanest trigger is an hourly close below yesterday’s low.
For direction:
Break above 3687 (D-H) = liquidity grab above highs before any reversal.
Break below 3654 (D-L) = bearish continuation into last week’s low (3626) and potentially the 8HR FVG around 3520–3550 later this week.
Bias is cautious bearish going into Asian → London session. I’ll be patient for confirmation — the cleanest trigger is an hourly close below yesterday’s low.
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