YuriyIvashchenko

Volume spread analysis of GOLD futures GC1

COMEX:GC1!   Gold Futures
Yesterday we saw active sales of this instrument. So the price tested the strength of the global volume support level of 1188 - 1183, and then corrected. It is worth noting a significant volume auction in the range of 1188 - 1190. The key resistance range of sellers is 1205 - 1210! In the current situation, we see a continuation of the fall in prices in the coming days. Conservative scenario - trading on the breakdown of volumes in the area of the price of 1188; aggressive scenario - selling an asset from current prices.
Volumetric analysis chart in volfix
i.gyazo.com/03404239...fa7654a71f987305.png
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