Daily HFT Trade Setup – XAU/USD Trading Toward HFT Selling Zone

 
 
 
 
 
 
 

The analysis of HFT algorithms this morning shows that gold (XAU/USD) is rising in the current session and is close to reaching the light HFT selling pressure zone, standing at $1803.03 and above. 

Here, the precision metal is likely to attract stronger intraday selling interest, which could result in a turn lower on the session.

To the downside, the focus is toward the light HFT buying pressure zone that is noted today at $1821.25 and below.