Daily - As seen with DXY, AU has pushed beyond S1 and so a pullback or chop is expected. I will look to get involved if we get outsized volume factor on any particular day. will be determined on case by case basis. till then, I will observe and mark up. Origin - Price opened in value and is currently above POC which is in line with daily bias. if price continue to push up and reaches the between April AVWAP and zone - **0.65346 - 0.65110** I will observe how it starts to react. if sellers step in then I might look to take it down to this week's POC.
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.