US30 - BULLISH MOMENTUM TARGETING FVG AFTER OB REJECTION

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US30 - BULLISH MOMENTUM TARGETING FVG AFTER OB REJECTION Dow Jones Industrial Average CashFX:US30Hamza_GoldPrice is currently in a clear bullish phase following a strong reaction from the marked Order Block (OB) zone. This OB acted as a high-probability demand area, where institutional buying likely stepped in, reversing the prior bearish move and initiating a shift in market structure. The subsequent price action has formed a series of higher lows and bullish candles, indicating sustained buying pressure and a potential continuation toward the upside. The next key area of interest is the Fair Value Gap (FVG), which represents an inefficiency in price where no trading occurred. These imbalances are often targeted by institutions to rebalance the market, and price tends to gravitate toward them. In this case, the FVG is positioned just below a well-defined resistance zone, creating a high-probability target for the current bullish move. Given the lack of immediate overhead resistance before the FVG, and the presence of strong bullish momentum, price is expected to continue climbing until it reaches the FVG zone. Once this area is filled, we may see a reaction or potential rejection, but for now, the structure supports a move upward. Traders should watch for continuation patterns, such as bullish flags or breakouts, as confirmation that price will tap into the FVG before any significant reversal occurs.