OrderFlow Intel Report – Gold Futures (GC)
Key Insights:
1️⃣ Buyer Strength Emerging
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Buyers are stepping in after an initial period of weakness.
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Buying activity has steadily increased after the price tested a key level, suggesting stronger support.
2️⃣ Momentum Shift & Bear Traps
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Early bearish pressure quickly reversed with a strong surge in buying volume.
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Sellers appear trapped as buying momentum builds, forcing short positions to cover.
3️⃣ Buy Volume Rebound
4️⃣ Cumulative Delta Confirmation
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A clear shift from negative to positive cumulative delta, indicating increased buying pressure over time.
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The strongest surge in buying occurred in the final phase, reinforcing bullish momentum.
📊 AI Prediction Score: +5 (Bullish Bias)
Why?
✅ Buyers stepping in at key levels, absorbing sell pressure.
✅ Strong delta shift indicating bullish momentum.
✅ Rebound in buy volume supporting an upward move.
✅ No conflicting bearish signals in the data.
📌 Key Considerations:
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The current most relevant support is 2,937, with an even closer level at 2,934.3, just below today’s Value Area Low and the VWAP from the close of February 11th.
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Resistance to watch sits at 2,945.4, which is the Value Area High from two days ago, and 2,946.4, the Value Area High of the current session.
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Above that, the semi-round number 2,950 was already reached today, hinting at slight bullishness.
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Further potential resistance is at 2,959.6, the second upper standard deviation of the VWAP from two days ago. If price crosses 2,950 and moves up another 9.5 points, partial profit-taking may step in temporarily.
🚀 Market Takeaway:
Buyers are stepping in after early selling pressure, shifting momentum in their favor. This suggests a potential bullish continuation, but key levels should be monitored for confirmation.
📢 Reminder: OrderFlow Intel is a decision support tool, not financial advice. Use it alongside your own analysis and trade at your own risk.