📌 Gold: analyst review for 16-20.08.2021.
A corrective decline in gold is expected during the new trading week as the bullish dominance of CoT reports has declined by 21%.
The unidirectional nature of the move during the new week confirms the 1% decrease in locked positions.
📝 A 5% decrease in market volume at the same time indicates a likely weakness in the upside during the new week.
The key medium-term resistance is the market maker's loss level (1805.05).
💡 In case of a successful test of the mentioned option resistance we expect a decline with the target: market maker's loss level (1723.55).
🤔 Like the idea? 👍 like it ✍️ write a comment
The unidirectional nature of the move during the new week confirms the 1% decrease in locked positions.
📝 A 5% decrease in market volume at the same time indicates a likely weakness in the upside during the new week.
The key medium-term resistance is the market maker's loss level (1805.05).
💡 In case of a successful test of the mentioned option resistance we expect a decline with the target: market maker's loss level (1723.55).
🤔 Like the idea? 👍 like it ✍️ write a comment
Trade active:
⏳ Gold: the unwinding of the balance of the week will show the priority.
♻️ In case of successful test of seller's limit level (1791.79) we expect decline with target,- marketmaker's balance level (1765.00).
Close location of the limit buyer level (1765.89) further strengthens it.
At breakdown of marketmaker balance level (1765.00) we expect subsequent decrease with the target benchmark,- strike level of hedge support zone (1740.00).
Close location of the limit buyer level (1765.89) further strengthens it.
At breakdown of marketmaker balance level (1765.00) we expect subsequent decrease with the target benchmark,- strike level of hedge support zone (1740.00).
Trade active:
⚠️ Gold: rising on trend continues.
♻️ In case of successful test of seller's limit level (1791.79) we expect decline with target,- marketmaker's balance level (1765.00).
Close location of the limit buyer level (1765.89) further strengthens it.
At breakdown of marketmaker balance level (1765.00) we expect subsequent decrease with the target benchmark,- strike level of hedge support zone (1740.00).
Close location of the limit buyer level (1765.89) further strengthens it.
At breakdown of marketmaker balance level (1765.00) we expect subsequent decrease with the target benchmark,- strike level of hedge support zone (1740.00).
Trade active:
💸 Gold: attention, the balance of the week is dynamically up!
🌐 Over the past trading day, the weekly balance of the week has dynamically increased from the price point of 1765.00 to a quote of 1770.00.
The nearest resistance for today is the limit seller (1798.19).
💠 In case the mentioned resistance level is successfully tested, the minimum downside target is the limit buyer (1775.69).
Further support for Wednesday, August 18, is the balance of the market maker (1770.00).
The nearest resistance for today is the limit seller (1798.19).
💠 In case the mentioned resistance level is successfully tested, the minimum downside target is the limit buyer (1775.69).
Further support for Wednesday, August 18, is the balance of the market maker (1770.00).
Trade active:
👉 Gold: going down to the balance of the week.
💠 The current limit seller (1789.43) is the nearest resistance level for today.
📝 In case of successful test of limit seller (1789.43) we expect further decline with nearest target before the close of trading day,- limit buyer (1775.44).
In case of breakdown and fixation below the price level of 1775.44, the next downside target is the balance of the week (1770.00).
📝 In case of successful test of limit seller (1789.43) we expect further decline with nearest target before the close of trading day,- limit buyer (1775.44).
In case of breakdown and fixation below the price level of 1775.44, the next downside target is the balance of the week (1770.00).
Trade active:
🔹 Gold: will the market maker increase profits?
📊 The key resistance for the last working day of the week is the current seller limit level (1790.51).
⚙️ In case of successful test of the mentioned resistance level, we expect the following decrease with the nearest target, which is the level of option balance of the day (1780.96).
In case of breakdown and fixation below 1780.96, we expect decrease to the close of the trading day with the nearest target,-weekly balance (1775.00).
⚙️ In case of successful test of the mentioned resistance level, we expect the following decrease with the nearest target, which is the level of option balance of the day (1780.96).
In case of breakdown and fixation below 1780.96, we expect decrease to the close of the trading day with the nearest target,-weekly balance (1775.00).
