If 
XAUUSD gives us a strong bearish close below 3,365, I’m expecting momentum to kick in fast. With New York opening up, a swift move to 3,345 is on the table a level we’ve already marked in the Discount PD Array.
But if price holds steady around 3,365 and shows signs of rejection, I’m watching for a sharp bounce. A solid rejection with a spike could send gold back up to fill the imbalance and tag 3,388.
XAUUSD gives us a strong bearish close below 3,365, I’m expecting momentum to kick in fast. With New York opening up, a swift move to 3,345 is on the table a level we’ve already marked in the Discount PD Array.But if price holds steady around 3,365 and shows signs of rejection, I’m watching for a sharp bounce. A solid rejection with a spike could send gold back up to fill the imbalance and tag 3,388.
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Disclaimer
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.