📉 Update – Gold
Since Friday the 13th, buyers have been squeezed and sellers have taken control of the market.
The trend is currently bearish, and large buyers are not present. The price could drop toward the 3320 – 3298 zone.
If this zone is broken, we could see a further decline toward 3255 – 3175.
Today, while watching the New York session using order flow, we saw large buy orders hit the market.
Since Friday the 13th, buyers have been squeezed and sellers have taken control of the market.
The trend is currently bearish, and large buyers are not present. The price could drop toward the 3320 – 3298 zone.
If this zone is broken, we could see a further decline toward 3255 – 3175.
Today, while watching the New York session using order flow, we saw large buy orders hit the market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.