One Gold Fair Value Gap, Almost 40 Points
A real fair value gap on gold's 1-hour chart from 3 November 2026. Three candles left a gap from $3,919.4 to $3,937.2. Price came back to the top of the gap, dipped into it but held above the stop, and then ran to the target at two times the risk.
Key points
Gap: the 11:00, 12:00 and 13:00 UTC candles on 3 Nov left a fair value gap from $3,919.4 (candle 1 high) to $3,937.2 (candle 3 low).
Entry: price came back to the top of the gap at $3,937.2 on the 15:00 candle.
Stop: $3,917.4, just under the gap (risk 19.8 points). The deepest dip was $3,927.2, inside the gap but above the stop.
Target: $3,976.8, two times the risk (+39.6 points), reached on 4 Nov in the 05:00 UTC hour.
Chart data: COMEX gold futures 1-hour OHLC, 3 to 4 Nov 2026 (UTC); the stop-before-target order is checked on 15-minute bars. Education only, not a signal.
Read more: Fair Value Gaps (FVG) on XAUUSD: A Practical Guide · Smart Money Concepts (SMC) for XAUUSD: A Balanced Guide
Transcript
Buy here. Target hit. Almost forty points on gold, from one simple gap.
Let's rewind.
This is a fair value gap. Three candles. The middle one moves so fast, it leaves a hole.
Candle one's high. Candle three's low. The empty space between them is the gap.
Price skipped that zone, so it often comes back to fill it.
We buy when price comes back to the top of the gap. Stop goes just under the gap. Target is two times the risk.
Now watch. Price dips into the gap. It holds. And... target hit.
Gap. Return. Go. Join our free community. Link in bio.
