Forex_Times

πŸ’Έ Gold: attention, balance of the week dynamically increased!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
🌐 Over the past trading day, the weekly balance of the week has dynamically moved up from a price point of 1810.00 to a quote of 1815.00.
The closest resistance for today is the balance of the day (1836.30).
πŸ’  In case of a successful test of the balance of the day, the minimal downside target is the limit buyer (1824.79).
Further resistance for Wednesday, May 12 is limit seller (1843.10).
On formation of sell pattern near limit seller (1843.10), we expect medium-term decline with target,-weekend balance 1815.00.
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