Recent Breakout in the Gold Market: Analysis and Implications
The recent activity in the gold market indicates a breakout from a sideways trading range. This movement suggests significant liquidity sweeps towards a refined point of interest (POI) at $2356. Institutional investors appear poised to drive the market down, targeting a price range between $2356 and $2364, which involves a price movement of approximately 13 points or 130 pips within this range. This could imply a potential for strategic short positions or profit-taking by institutions. follow for more insights ... and boost for more insights
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.