I have been testing Tradingviews volume profiles with Gold and some of the levels are so accurate. Using spot market data, it was a bit of a surprise, but a welcomed surprise it has been.
We can see today's intraday longs tapping straight into a naked POC left behind from the sharp sell off on Thursday.
I have yet to test this is in other markets however Gold has proven really quite reliable utilising the entire Value area from the fixed period profiles.
Anyway - watch out for Gold bears to take control once again from 2360 - 2370 once again.
I am looking for a 1000pip drop near enough back to 2275. I will keep you all updated.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.