XAU
Massive Accumulation we have seen in Gold, as we can see on the VP, massive build up of transactions now price is searching for a new 'fair price' price has risen up above the accumulation and now we have seen price return to the accumulation zone to retest, this could be seen as a low risk entry into a potential bull trend. Look for confirmation on 4h of a bullish rally.
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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.