Below is a summary of how I see the Order Flow from the Price High in March 2022.
The sequence appears to be
Base - Drop - Base - Drop - Rally
It appears as though the Rally is a compression of Price. The Decision Point is around $1725.
I would look for Gold to make a Fresh Touch for Demand at that level.
The sequence appears to be
Base - Drop - Base - Drop - Rally
It appears as though the Rally is a compression of Price. The Decision Point is around $1725.
I would look for Gold to make a Fresh Touch for Demand at that level.
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