Oro / DollaroShort
Gold slowing at Thursdays POC
I have been testing Tradingviews volume profiles with Gold and some of the levels are so accurate. Using spot market data, it was a bit of a surprise, but a welcomed surprise it has been.
We can see today's intraday longs tapping straight into a naked POC left behind from the sharp sell off on Thursday.
I have yet to test this is in other markets however Gold has proven really quite reliable utilising the entire Value area from the fixed period profiles.
Anyway - watch out for Gold bears to take control once again from 2360 - 2370 once again.
I am looking for a 1000pip drop near enough back to 2275. I will keep you all updated.
We can see today's intraday longs tapping straight into a naked POC left behind from the sharp sell off on Thursday.
I have yet to test this is in other markets however Gold has proven really quite reliable utilising the entire Value area from the fixed period profiles.
Anyway - watch out for Gold bears to take control once again from 2360 - 2370 once again.
I am looking for a 1000pip drop near enough back to 2275. I will keep you all updated.
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