Last week Friday gold went into that imbalance and respected it. Currently gold is trading within a triangle. The price could go either way.
If it breaks to the upside look for short around 1957-59 because that imbalance was only filled to 50%.
OR
If it breaks to the downside look for buys around 1936.
Today are bank holidays around the world so be careful and use proper risk management.
If it breaks to the upside look for short around 1957-59 because that imbalance was only filled to 50%.
OR
If it breaks to the downside look for buys around 1936.
Today are bank holidays around the world so be careful and use proper risk management.