Gold futures analysis today by orderFlow Intel

OrderFlow Intel Report – Gold Futures (GC)

Key Insights:

1️⃣ Buyer Strength Emerging

• Buyers are stepping in after an initial period of weakness.

• Buying activity has steadily increased after the price tested a key level, suggesting stronger support.

2️⃣ Momentum Shift & Bear Traps

• Early bearish pressure quickly reversed with a strong surge in buying volume.

• Sellers appear trapped as buying momentum builds, forcing short positions to cover.

3️⃣ Buy Volume Rebound

• Buy volume dropped early but rebounded strongly.

• The ratio of buy-to-sell volume suggests buyers gaining control over price action.

4️⃣ Cumulative Delta Confirmation

• A clear shift from negative to positive cumulative delta, indicating increased buying pressure over time.

• 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:

• 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.

• 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.

• Above that, the semi-round number 2,950 was already reached today, hinting at slight bullishness.

• 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.

This article was written by Itai Levitan at www.forexlive.com.