Bullish runs on Gold

It is unusual in the morning that such analyzes happen to me, like the one on gold today. It is a laborious climb up the hill, but with frequent pauses in the form of lateral movements. However, from an Intraday perspective, we only see Bull Bargains on the chart. Starting with the closest price opportunities (at the time of writing the analysis) - the Gamma -0.5 level being on the edge of the Volume Zone determined by the VSA Scanner, which according to statistics on defense / reaction gives a rebound to the Daily Pivot Point. If the price goes lower (which does not negate the scenario with a rebound on Gamma -0.5, because the price may first implement the scenario of a rebound from Gamma -0.5 and then drop more) - at the levels 1793-1794.7 we have a convergence zone determined by the Extreme Low of Day (determined from option movement by Gamma) and yesterday's Low of Day - and thus another opportunity to Long. Last but not least, we also notice a demand zone that is below the extreme Gamma -1 (which would mean a market anomaly) - but this is another opportunity for Long.

As for levels above the current price on gold (at the time of writing the analysis), the opportunity to Buy gold will be a breakthrough of Gamma 0.25 (or earlier Demand indications from the VSA Scanner).

Happy Trade!