Trader_Dale

Heavy Volumes on Gold show strong buyers

OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. There was an uptrend (this is sign of strong buyers)
2. Significant Volume cluster got formed within the uptrend (buyers were adding massively to their long positions there)
3. When the price gets back to this volume cluster, it will work as a stron support. Buyers will defend it and push the price up again.

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