Gold hits the peak at the right price, right time, as shown in the circle. It has retreated to the median line of the Pitchfork. VAcc enters into oversold zone.
The price could either be in a big range bound or a down leg. There are two scenarios from here: blue line represents a bullish view whist dark pink line more bearish.
The price could either be in a big range bound or a down leg. There are two scenarios from here: blue line represents a bullish view whist dark pink line more bearish.