We can see we caught a beautiful buy on gold yesterday that ended up smashing TP and now we have these huge imbalances to fill, so personally overall i am bullish on gold but i do know it will come back down and create healthy price action so we could see it accumulate here and distribute to the down side to fill those imbalances before continuing up for the month of February. We can see there is 2 big imbalances but me personally i like the bottom imbalance more because we are around the quarter level of 1825 and also we have an imbalance with and IT in it so we take 50% of that and we got ourself a nice possible set up tomorrow most likely but it potenitally could play off the imbalance above we will see what happens and update tomorrow.
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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.