Gold to 1958.60
Updated
Gold is starting to seperate itself from equities ad it held strong while the Nas100 sold off today on 2/02/23.
VERY strong imbalance to the upside and these gaps must be filled.
50% of the large imbalance also alligns perfectly with the 50% of the fib for a goldenzone retest before making it's way to the bullish candle liquidity grab at the top as indicated on the chart where the PDH is.
I think Monday's high will act as support along with the golden zone PWH after a retest to futher fill the green FVG box and upper black box imbalance.
VERY strong imbalance to the upside and these gaps must be filled.
50% of the large imbalance also alligns perfectly with the 50% of the fib for a goldenzone retest before making it's way to the bullish candle liquidity grab at the top as indicated on the chart where the PDH is.
I think Monday's high will act as support along with the golden zone PWH after a retest to futher fill the green FVG box and upper black box imbalance.
Note
Correction, *I think Monday's high will act as support along with the golden zone after the retest and run to the* - PWH after a retest to futher fill the green FVG box and upper black box imbalance.
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