It is not the freshest levels of supply but none the less it's major supply.
Gold is trading sideways in current levels, look for a big move.
As overall markets come strong into supply levels above.
Gold is approaching overnight supply zone
As you can see by previous supply and demand levels, we have big supply levels above and demand levels far away from current price. Gold has though in the past been more aggressive to the upside passing supply levels with ease, trade the levels according to risk profile.
Look for retracement to take the stock long at drawn level
Demand Levels are much further down.
Supply resistance levels shown. Markets will go down.
Oil is going to bounce from these areas.
Expect a bounce here, I expect markets to continue the slideDOWN
Stop is just under bottom line. 3.5
Look to sell into supply above.