The #GOLD [QUANTFLOW DYNAMICS SOFTWARE] experienced an upward movement during the Asian session, as market participants await the release of Producer Price Index and retail sales data. A potential reversal or correction is anticipated at the 4161 level, which is characterized by strong supply, [+ 65], the Point of Control from the previous session, and the Value Area High. Should the price be rejected at this supply zone, a decline toward 4131, the Value Area Low, is expected. Please note that the price may move in any direction upon the release of news data. It is recommended to await the data release and allow the price to stabilize in order to confirm market structure before initiating trades. For inquiries, please contact Chris at WWW.THETRADINGMENTORS.COM/SHOP.
![The #GOLD [QUANTFLOW DYNAMICS SOFTWARE] experienced an upward movement during the Asian session, as market participants await the release of Producer Price Index and retail sales data. A potential reversal or correction is anticipated at the 4161 level, which is characterized by strong supply, [+ 65], the Point of Control from the previous session, and the Value Area High. Should the price be rejected at this supply zone, a decline toward 4131, the Value Area Low, is expected. Please note that the price may move in any direction upon the release of news data. It is recommended to await the data release and allow the price to stabilize in order to confirm market structure before initiating trades. For inquiries, please contact Chris at WWW.THETRADINGMENTORS.COM/SHOP.](https://static.wixstatic.com/media/819481_832b0778ec4d4732b75c139227f44b58~mv2.png/v1/fill/w_980,h_425,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/819481_832b0778ec4d4732b75c139227f44b58~mv2.png)
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