After the Bullish move of Gold yesterday, It has taken the current low of Price and is expected to pull back up into a Supply Zone on the 2H from there the Sell is expected to continue.
For Now, a Buy to the Supply Zone is eminent while we wait for the major Sell move to begin.
UPDATE:
Given the presence of Possible Supply above the 2H SPY marked on the chart there is also a probability of price using the marked-out 2H SPY as an inducement, pushing price above it.
For Now, a Buy to the Supply Zone is eminent while we wait for the major Sell move to begin.
UPDATE:
Given the presence of Possible Supply above the 2H SPY marked on the chart there is also a probability of price using the marked-out 2H SPY as an inducement, pushing price above it.