Today’s market overview.


The Asian session early move was still premature.
So let’s continue to observe now. Based on the current situation of gold and US stock futures, everyone is still pricing in the expectation of a ceasefire before the market opens.
Let’s first look at the current situation.
Figure 1: From the order book, after clearing the sell orders around 69k in spot and contracts this morning, the price has now returned to the middle order vacuum zone.
Demand for spot below 67k, while large spot orders above 70k ~ 71k.
At the same time, after the first wave of sell orders in contracts was cleared this morning, there are still dense sell orders below 70k. 70k below has become today’s US session observation zone.
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Figure 2: After filtering out some noise, let’s look at the zones that big whales are interested in now.
Previously, whales placed orders at 68 and 69k, although they withdrew after a while, but there was feedback when the price was in these two zones.
This indicates there is selling demand in these two zones.
At the same time, there was a flash large order near 66k below.
When the price returns near 66k in the future, pay close attention.
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Other than that, it seems there’s not much else today. This position surprisingly stayed sideways all afternoon.
The US session is mainly observing around 70k for a potential top.
For downside, watch 67.5k for potential SFP opportunities. ( also has some liquidity below, and there is also a small amount of liquidity below that.
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