I've been looking at that imbalance this week, and now that it has been filled I'm going bearish for Gold.
I believe we can treat this as a resistance.
I'm anticipating the 1703.87 low taken out first.
Then completing the run for 1693.80
We're also around a high for the DXY and we've been taking out consecutive highs there.
I'm using this as a hint for Gold.
I believe we can treat this as a resistance.
I'm anticipating the 1703.87 low taken out first.
Then completing the run for 1693.80
We're also around a high for the DXY and we've been taking out consecutive highs there.
I'm using this as a hint for Gold.