Gold Ran $85 the Same Day: Fair Value Gap Retest
How a fair value gap retest with the trend works on a real gold example from 5 August 2026. The 4-hour trend was up, gold jumped and left a gap, then dipped back into it. That dip was the buy entry, and the target at three times the risk was hit the same day, $85.50 an ounce above the entry.
Key points
The trend: the 4-hour candle ending 04:00 UTC on 5 Aug 2026 closed at $4,186.6, above its 50 EMA ($4,107.1), with the 20 EMA ($4,125.7) above the 50.
The gap: between the 04:00 candle’s high ($4,199.5) and the 06:00 candle’s low ($4,220.2), a $20.70 fair value gap left by three green candles.
The retest: the 08:00 candle dipped back into the gap (low $4,218.4). Buy at the top of the gap, $4,220.2.
The trade: stop $4,191.7 (middle candle low minus $1, $28.50 risk), target $4,305.7 (3R), reached by the 14:00 candle (high $4,307.8). Price moved at most $11.10 against the entry.
Chart data: COMEX gold futures 1-hour OHLC (UTC), 4-5 Aug 2026; 4-hour trend built from the 1-hour bars. Education only, not a signal.
Read more: Fair Value Gaps (FVG) on XAUUSD: A Practical Guide
Transcript
Buy here. Target hit. Eighty-five dollars an ounce.
Here's why.
The four-hour trend is up.
Gold jumps hard and leaves a gap. A fair value gap.
Price dips back into it. Buy there.
Stop below the middle candle. Target, three times the risk.
Trend, gap, retest. Target hit.
