📌 Gold: analyst review for 12-16.07.2021.
Gold is expected to continue to rise during the new trading week as the bullish dominance of CoT reports has further increased by 14%.
The unidirectional nature of the move during the new week confirms the reduction of locked positions by 1%.
📝 A 5% increase in market volume at the same time indicates a likely impulsive rise during the new week.
The key medium-term support is the market maker balance level (1790.00).
💡 In case of a successful test of the mentioned option support, we expect a rise with a target: hedge zone (1825.00).
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The unidirectional nature of the move during the new week confirms the reduction of locked positions by 1%.
📝 A 5% increase in market volume at the same time indicates a likely impulsive rise during the new week.
The key medium-term support is the market maker balance level (1790.00).
💡 In case of a successful test of the mentioned option support, we expect a rise with a target: hedge zone (1825.00).
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Trade active:
⏳ Gold: termination of limit buyer will show priority.
♻️ In case of successful test of limit buyer (1797.88) expect upside with target,- balance of the day (1810.95).
⚙️ In case of breakdown and fixation above the mentioned resistance we expect subsequent rise with the final benchmark,- limit seller (1818.79).
In case of alternative scenario,- fixation below limit buyer (1797.88), further support will be hedge zone (1790.00).
⚙️ In case of breakdown and fixation above the mentioned resistance we expect subsequent rise with the final benchmark,- limit seller (1818.79).
In case of alternative scenario,- fixation below limit buyer (1797.88), further support will be hedge zone (1790.00).
Trade active:
⚠️ Gold: rising trend continues.
Worked off a false-break from the day's balance level (1795.00) over the past 24 hours.
📌 In case of retest of the balance of the week (1795.00), we expect formation of buying pattern.
The nearest landmark for the upward momentum continuation in the direction of the long-term trend is the limit seller (1818.85).
📌 In case of retest of the balance of the week (1795.00), we expect formation of buying pattern.
The nearest landmark for the upward momentum continuation in the direction of the long-term trend is the limit seller (1818.85).
Trade active:
💸 Gold: attention, trading above the balance of the week!
🌐 The nearest support for today is the limit buyer (1801.00).
In case of successful test of this support level we expect further rise to the limit seller (1820.37).
💠 In case of breakdown of limit buyer (1801.00) further support today is weekly balance (1795.00).
In case of successful test of this support level we expect further rise to the limit seller (1820.37).
💠 In case of breakdown of limit buyer (1801.00) further support today is weekly balance (1795.00).
Trade active:
👉 Gold: planned rise on trend.
💠 The nearest support for today is the limit buyer (1817.36).
In case of a successful test of said support, expect an upside to limit seller (1834.54).
📝 In case of breakdown of limit seller (1834.54) we expect further rise with ultimate target to close of trading day,- premium level of hedge resistance zone (1842.85).
In case of a successful test of said support, expect an upside to limit seller (1834.54).
📝 In case of breakdown of limit seller (1834.54) we expect further rise with ultimate target to close of trading day,- premium level of hedge resistance zone (1842.85).
Trade active:
⚠️ Gold: clear rise to market maker loss.
📌 The closest resistance for today is the market maker loss (1835.12).
In case of a rise to market maker loss and formation of a sell pattern we expect a decline during the US session to the limit buyer level (1820.83).
📝 In case of fixation below the mentioned support we expect the further decrease to the level of the maximum profit of the market maker (1805.00).
In case of a rise to market maker loss and formation of a sell pattern we expect a decline during the US session to the limit buyer level (1820.83).
📝 In case of fixation below the mentioned support we expect the further decrease to the level of the maximum profit of the market maker (1805.00).
