Logical Gold supply zone

FX:XAUUSD   Gold Spot / U.S. Dollar
208 2
price crossed a long held support area
Made small consolidation prior to doing so
Consolidated prior to European open
Dropped precipitously on or near the London open
I've outlined what I believe to be the nearest supply zone and when and if price returns to that price level it will once again be met with huge selling that will push price back down again.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out