Gold XAUUSD analysis "VSA"
Updated
Based on Volume Spread Analysis, in XAUUSD pair,
point 1 is "Supply in coming in the Market as volume is increasing in down bar and this can be a climatic action.
Point 2 is "No Demand" where an up bar is with volume lower than last two bars.
Point 3 is Upthrust bar.
Point 5 is also "No Demand" bar.
We could expect more weakness in this pair in coming days.
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t.me/vsaanalytics
point 1 is "Supply in coming in the Market as volume is increasing in down bar and this can be a climatic action.
Point 2 is "No Demand" where an up bar is with volume lower than last two bars.
Point 3 is Upthrust bar.
Point 5 is also "No Demand" bar.
We could expect more weakness in this pair in coming days.
Follow us for more VSA analysis:
t.me/vsaanalytics
Note
Moving in short Direction as predicted
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