Gold (GC) Trade With 4 MZpack Indicators

We are using M5 and M3 GC 02-19 chart with mzBigTrade, mzFootprint, mzVolumeProfile and
mzVolumeDelta indicators.

  • We see the downtrend with the several Big Sell Trades.
  • At first the Big Trades Sell Volume > Big Trades Buy Volume (Area 1) and then we see
    an opposite situation – Big Trades Buy Volume > Big Trades Sell Volume (Area 2).
  • With the help of the mzFootprint we can see the Support Zones, where the price was
    stopped:

  • The LONG position was closed near the VAH level, taking into consideration Area 2 (Big
    Trades Buy Volume > Big Trades Sell Volume).