Gold Dropped $22.80 in Under an Hour: FVG Retest
How a fair value gap retest with the trend works on a real gold example from 30 October 2026. The one-hour trend was down, gold dropped hard and left a gap, then bounced back up into it. That retest was the sell entry, and the target at two times the risk was hit in under an hour, $22.80 an ounce below the entry.
Key points
The trend: the one-hour trend was down, so only sells were in play.
The gap: a fair value gap from $3,930.2 to $3,933.4 left by a hard drop on the 15-minute chart.
The retest: price bounced back up into the gap. Sell at the bottom of the gap, $3,930.2.
The trade: stop $3,941.6, just above the middle candle; target $3,907.4 (2R), a $22.80 per ounce move, hit in under an hour.
Chart data: COMEX gold futures 15-minute OHLC (UTC), 30 Oct 2026; 1-hour trend built from the same data. 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
Sell here. Target hit, in under an hour.
Here's why.
The one-hour trend is down.
Gold drops hard and leaves a gap. A fair value gap.
Price comes back into it. Sell there.
Stop above the middle candle. Target, two times the risk.
Trend, gap, retest. Target hit.
