🔘 Gold: gold analytics for 12-16.04.2021
Smart Money has increased the outperformance of buyers by 19%.
According to new CoT reports, the overall market volume has increased by 1%.
On this basis, we assume that Smart Money wish to further increase the value of the safe haven currency.
☑️ The nearest support level is the option balance of the month (1740.00).
In case of formation of a buy pattern near this option support, we expect a rise with the nearest target, the premium level of the hedge weekly resistance area (1759.04).
👁🗨 In case of breakdown and fixation below the level of weekly parity (1740.00) the next important support will be the medium-term hedge support area (1725.00-1720.37).
When this support area is reached, we expect a suspension of the fall and subsequent continuation of the momentum in the upward trend direction with the target, 1770.12, where the weekly resistance level of the market maker is located.
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According to new CoT reports, the overall market volume has increased by 1%.
On this basis, we assume that Smart Money wish to further increase the value of the safe haven currency.
☑️ The nearest support level is the option balance of the month (1740.00).
In case of formation of a buy pattern near this option support, we expect a rise with the nearest target, the premium level of the hedge weekly resistance area (1759.04).
👁🗨 In case of breakdown and fixation below the level of weekly parity (1740.00) the next important support will be the medium-term hedge support area (1725.00-1720.37).
When this support area is reached, we expect a suspension of the fall and subsequent continuation of the momentum in the upward trend direction with the target, 1770.12, where the weekly resistance level of the market maker is located.
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Trade active:
🌐 Gold: hedger price corridor is very close!
👉 At the European pre-market, we expect a termination of the limit buyer level (1733.80).
In case the decline is halted and a buy pattern is formed, we expect a further rise with the nearest target,- the balance of the day, located at the price level of 1745.07.
📝 The next upside target is the sellers' limit level (1753.56).
In case the decline is halted and a buy pattern is formed, we expect a further rise with the nearest target,- the balance of the day, located at the price level of 1745.07.
📝 The next upside target is the sellers' limit level (1753.56).
Trade active:
🔥 Gold: hedger support zone as downside target
Has consolidated below the balance of the week level (1740.00) over the past 24 hours.
📈 The closest support level for today is the limit buyers level (1724.24).
📣 The main scenario is a test of the said support and subsequent corrective rise to the option balance level of the day (1732.80).
📈 The closest support level for today is the limit buyers level (1724.24).
📣 The main scenario is a test of the said support and subsequent corrective rise to the option balance level of the day (1732.80).
Trade active:
🔹 Gold: secured above the balance of the week, what's next?
✅ During the European session, we expect a decline towards the option balance of the week level (1740.00) and the limit buyer level (1737.82).
In case of formation of a buy pattern we expect impulse increase to the strike level of the hedger resistance zone (1750.00).
⭐️ Further resistance is the level of limit seller (1754.09).
In case of formation of a buy pattern we expect impulse increase to the strike level of the hedger resistance zone (1750.00).
⭐️ Further resistance is the level of limit seller (1754.09).
Trade active:
⚙️ Gold: the price has settled near the balance of the week.
During the European trading session we expect a rise to the limit seller level (1742.25).
📊 The main scenario for today is the breakaway from the resistance level and further decrease with the nearest target - option balance of the day (1736.26).
🔰 In case of breakdown and fixation below 1736.26 the final downside target for today will be the limit buyer at the price level of 1728.93.
📊 The main scenario for today is the breakaway from the resistance level and further decrease with the nearest target - option balance of the day (1736.26).
🔰 In case of breakdown and fixation below 1736.26 the final downside target for today will be the limit buyer at the price level of 1728.93.
Trade active:
⏳ Gold: reached the market maker's loss level!
🔰 Yesterday's impulsive rise in the direction of the long-term upward trend was stopped by the market maker loss level (1769.02).
Today during the day we expect a retest of the weekly hedgerow resistance area premium level (1767.93).
🔥 In case of formation of the pattern to sell near the mentioned price level we expect the decrease with the limit buyer (1760.42) as a target.
Today during the day we expect a retest of the weekly hedgerow resistance area premium level (1767.93).
🔥 In case of formation of the pattern to sell near the mentioned price level we expect the decrease with the limit buyer (1760.42) as a target.
