From TradingView · · 40s
Gold slips below Wednesday's value
Gold drops below Wednesday's value as weekly order flow shows 4,115 in play.
In brief
Gold drops below Wednesday's value as weekly order flow shows 4,115 in play. Gold fell below Wednesday's value after testing 4,141.7 three times without closing above it. Originally reported by TradingView.
Wednesday's value test
Gold tested Wednesday's value low three times without closing above it.
Weekly order flow
4,115 weekly VAL in play for OANDA:XAUUSD as of Thursday.
Thursday's price action
Gold opened near 4,141 and dropped to 4,108.1 by 01:25 UTC.
Current price range
Gold sits between 4,109 and 4,122 with POC at 4,115.2.
The bottom line
Gold fell below Wednesday's value after testing 4,141.7 three times without closing above it.
