📝 Gold: trading ideas for September 27 - October 1.
Overall market volume is down 3% on new CoT report data, indicating a likely weakness in the new trading week.
📌 Total market volume declined by 3% and the number of locked positions increased by 1%, indicating the likely nature of the asset's price corridor flattening during the first half of the new trading week.
The nearest support within the trading week is the premium level of the hedge resistance zone (1764.03).
💡 In case of withdrawal and fixation below the premium level of hedger resistance zone we expect further decline with the nearest target - hedger support zone (1725.00).
In case of breakdown and fixation below the mentioned price level, we expect decrease to the market maker's loss level (1714.06).
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📌 Total market volume declined by 3% and the number of locked positions increased by 1%, indicating the likely nature of the asset's price corridor flattening during the first half of the new trading week.
The nearest support within the trading week is the premium level of the hedge resistance zone (1764.03).
💡 In case of withdrawal and fixation below the premium level of hedger resistance zone we expect further decline with the nearest target - hedger support zone (1725.00).
In case of breakdown and fixation below the mentioned price level, we expect decrease to the market maker's loss level (1714.06).
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Trade active:
⏳ Gold: hedger zone termination will show priority.
The nearest resistance for today is the hedger resistance zone premium level (1767.99).
♻️ In case of successful test of hedger resistance zone premium level (1767.99) we expect decline with the target, limit buyer (1741.38).
⚙️ In case of break and fixation below the mentioned support we expect further decline with final target,- weekly hedger support area (1725.00).
♻️ In case of successful test of hedger resistance zone premium level (1767.99) we expect decline with the target, limit buyer (1741.38).
⚙️ In case of break and fixation below the mentioned support we expect further decline with final target,- weekly hedger support area (1725.00).
Trade active:
⚠️ Gold: intra-week decline continues.
The nearest resistance for today is the hedge zone premium level (1762.66).
📌 In case of the test of the mentioned option resistance (1762.66), we expect the formation of the pattern on sale.
The nearest landmark for the downward momentum continuation in the direction of the long-term trend is the limit buyer (1739.60).
📝 On fixation below the limit buyer (1739.60), we expect decrease to the hedge support zone (1730.05).
📌 In case of the test of the mentioned option resistance (1762.66), we expect the formation of the pattern on sale.
The nearest landmark for the downward momentum continuation in the direction of the long-term trend is the limit buyer (1739.60).
📝 On fixation below the limit buyer (1739.60), we expect decrease to the hedge support zone (1730.05).
Trade active:
💸 Gold: attention, hedgers are pushing the asset down!
🌐 The asset is currently trading near the market maker balance (1745.00).
The nearest resistance for today is the limit seller (1745.99).
💠 In case this resistance is successfully tested, limit buyer (1725.68) is the minimum downside target.
Further support for Wednesday, September 29 is the market maker's loss (1714.07).
The nearest resistance for today is the limit seller (1745.99).
💠 In case this resistance is successfully tested, limit buyer (1725.68) is the minimum downside target.
Further support for Wednesday, September 29 is the market maker's loss (1714.07).
Trade active:
👉 Gold: expect a return to the market maker's comfort zone.
💠 The nearest resistance level for today is the limit seller (1738.34).
📝 In case of successful test of the limit seller (1738.34) we expect the subsequent decrease with the nearest target before the close of the trading day,- strike level of the weekly hedge support zone (1725.00).
At fixation below the specified support we expect the subsequent decrease to the level of the minimum profitability of the marketmaker (1714.14).
📝 In case of successful test of the limit seller (1738.34) we expect the subsequent decrease with the nearest target before the close of the trading day,- strike level of the weekly hedge support zone (1725.00).
At fixation below the specified support we expect the subsequent decrease to the level of the minimum profitability of the marketmaker (1714.14).
Trade active:
🔹 Gold: main market maker scenario in action.
📊 Over the past 24 hours, the main scenario for market maker gains was successfully worked out: a corrective rise to the market maker balance (1745.00).
The key resistance for the last working day of the week is the current limit seller level (1761.46).
⚙️ In case of successful test of the mentioned resistance level we expect further decline with the nearest target - level of the limit buyer (1748.17).
In case of breakdown and fixation below 1748.17 we expect a decline to the close of the trading day with the target,- balance of the week (1745.00).
The key resistance for the last working day of the week is the current limit seller level (1761.46).
⚙️ In case of successful test of the mentioned resistance level we expect further decline with the nearest target - level of the limit buyer (1748.17).
In case of breakdown and fixation below 1748.17 we expect a decline to the close of the trading day with the target,- balance of the week (1745.00).
