Gold. Daily and hourly TF

Hey traders and investors!

On the daily timeframe, another buyer's impulse, which has not yet been completed (waiting for a short bar). Three bars with increased volume are at the bottom of the impulse, below 2,806. The last two daily bars have decreasing volume.

On the hourly timeframe, the price has formed a sideways range. The current seller's vector is 5-6, with a potential target of 2,859.975.

Buying Strategies

Buying (long) setups should be considered from the lower levels of the range at 2,859.975 – 2,858.
On the daily timeframe, given the current situation, buying opportunities can be looked for below the close of the last bar with increased volume – 2,814.710

Selling Strategies

Looking for selling (short) setups is risky, but if desired, it is reasonable to do so from the upper levels of the hourly range at 2,873.340 - 2,882. Alternatively, below 2,858, when the seller breaks out of the range downward and confirms this breakout.

I wish you profitable trades!