Watch the Close for the Daily Momentum Readings for the Gold Market
The gold market broke through a support zone, and is holding above the next support zone. If the RSI reading at the close today is below 38, then the trend is now down.
The morning-look at the TradeFlow chart shows that sellers took charge based on the sell volume line (red) of the TradeFlow Volume Cross Study peaking above the buy volume line (green). Right now, we are seeing some buying coming in.