Friday saw us approach golds all time high. But was narrowly missed due to price action hitting and reacting from the daily and 4 hr supply zone. Gold could be seeing the last leg formed the last lower low. Before all new highs. As we stand gold closed just above the small support of 2770. A breakdown this and we have clean candle range down on higher time frames that left imbalance to collect. Along with a wickless candle at 2762. I expect a push down to 2755 to 2750 area before another attempt to take out the highs and create an all new high. Or further retracement may see a change in character.
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