- The volume profile since 2020 shows that gold is weak vs. the USD, has lost the PoC, and is fighting with the VAL (value area low)
- Current bearish trend supports Gold testing 1700
- A weekly candle must close above VAL 1737 for bulls to advance. Gold price action may be manipulative, so bulls need 2 consecutive weekly bull candles to "confirm" a bullish reversal
Gold technical analysis: Gold futures is at value area low
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