Gold futures analysis today by orderFlow Intel

February 13, 2025 at 09:17AM
OrderFlow Intel Report – Gold Futures (GC)

Key Insights:

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.

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.

Buy Volume Rebound

Buy volume dropped early but rebounded strongly.

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

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.