Explained on the chart, this is a great example of how volume and momentum can drive price up or down depending on price action behavior. This was a great opportunity for gold longs during this mornings New York session with this simple analysis.
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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.