Gold failed to close above 2400 and creat a new Break of structure( Higher high). A change of character at 2354 that Is a counted for by a fair value gap( imbalance/ inefficiency). This structure has an order block associated with at 2400 and 2386(our entry point) however we should consider the weak high as well as swing high from the previous day, week and...
GU failed to break 1985 support level and bounced forming a change of character(change of direction) we also have more swing highs than lows. AN unmitigated OB which is followed by liquidity voids that were absorbed is fueling the market even further for buying momentum