$XAUT 1-hour trading volume expanded to 6.1 times the average, with the price up 0.83%.
After a volume surge, I look at three things:
1) The direction of the price move: price and volume rising together
2) Whether the increase in volume can continue—a single volume spike is often just a burst
3) The high and low of the period with increased volume, which often become short-term dividing lines
Where will you look next?
#XAUT
After a volume surge, I look at three things:
1) The direction of the price move: price and volume rising together
2) Whether the increase in volume can continue—a single volume spike is often just a burst
3) The high and low of the period with increased volume, which often become short-term dividing lines
Where will you look next?
#XAUT