Dislikedvolume not supporting the rise in price ? hence mini divergence ? what will they think of next ? ...... soft landing at 1337 ? Edit : no time to re-draw the lower uptrend line .... kindly make adjustments/re-draw the line to touch the lows {image}Ignored
It's still "summer" and many a power trader are not manning their desks yet. Wait until September to see higher volume.
In any case, Volume, does not always make a trend or reversal, we can have super high volume and result in a candle with a top and bottom wick in a day, week,
etc. just for the sheer fact that their is SO MUCH VOLUME and the two sides battle it out, at the end of the day usually reaching a price between the high and the low,
to settle,
COMEX US GOLD settles early in the afternoon, _Futures_ then GLOBEX starts. Yet it's not the same.
SPOT GOLD is always trading, except for the weekend - same as futures, and a brief break daily in the 4:45 pm past 5 daily appx. This will also create gaps. as a new bar starts.
There is also most important to the history and BULLION/JEWELRY Biz's the LONDON FIX - which is a spot price fixed for most of the world "maybe besides some dealers and shops in NYC/NY" that sets the buy sell prices for the DAY no matter what the market does.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News