Big range in Gold, too.
Longer term, support@
- Below, more important support@1760-1752
- 1793-1810, currently (6:53PM, ET) trading at Resitance
Furthermore, gold is overextended at these levels. Negative divergence between price action and orderflow, coupled with price probing in a previous area of sellers, favor a retracement, at least short-term. Even if upmove continues, I would not be a buyer here, due to the extreme readings.