YGG testing a critical zone here after breaking out of the falling wedge.
You can see on the volume profile the amount of acceleration thats taken place.
If bulls manage to break above this inflection zone, historically its .89 cents next with a little overhead supply around .66 cents
Above the range, id anticipate price to return to the orange zones to recover the imbalance / remaining supply.
One to keep an eye on for sure. Really nice structure similar to the rest of the market but lagging behind .
You can see on the volume profile the amount of acceleration thats taken place.
If bulls manage to break above this inflection zone, historically its .89 cents next with a little overhead supply around .66 cents
Above the range, id anticipate price to return to the orange zones to recover the imbalance / remaining supply.
One to keep an eye on for sure. Really nice structure similar to the rest of the market but lagging behind .