📌 Gold: weekly options analysis for August 30-September 3.
In the last trading week, the net outperformance of buyers according to current CoT reports increased by 11%.
Market volume increased by an additional 4% to a cash equivalent of $237bn 343m.
📝 The number of locked investor positions at the same time increased by 1%, which gives us an indication of possible pullback movements downwards during the new trading week.
The nearest medium-term support for trading within the trading week is the market-maker's balance level (1795.00).
In case of rebound from the mentioned option support we expect the subsequent rise with the target, the market maker's loss level (1836.11).
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Market volume increased by an additional 4% to a cash equivalent of $237bn 343m.
📝 The number of locked investor positions at the same time increased by 1%, which gives us an indication of possible pullback movements downwards during the new trading week.
The nearest medium-term support for trading within the trading week is the market-maker's balance level (1795.00).
In case of rebound from the mentioned option support we expect the subsequent rise with the target, the market maker's loss level (1836.11).
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Trade active:
⏳ Gold: hedge zone termination will show priority.
As of now, the shelter asset quotes sit in the weekly hedger resistance zone (1800.00-1822.43), with large market participants stealthily gaining mid-term selling inside the trading week.
♻️ In case of successful test of limit buyer level (1805.10) we expect upside with target,- limit seller level (1831.18).
⚙️ In case of breakdown and fixation above the mentioned resistance we expect further rise with final benchmark,- market maker loss (1835.99).
♻️ In case of successful test of limit buyer level (1805.10) we expect upside with target,- limit seller level (1831.18).
⚙️ In case of breakdown and fixation above the mentioned resistance we expect further rise with final benchmark,- market maker loss (1835.99).
Trade active:
💠 Gold: will there be a pullback to the balance?
✍️ The actual option support for today is the limit buyer (1797.87).
In case of break of the Limit Buy level (1797.87), we expect increase to the current balance level of the day (1809.97).
💡 The limit seller (1823.92) is the next upside target to close the day.
In case of break of the Limit Buy level (1797.87), we expect increase to the current balance level of the day (1809.97).
💡 The limit seller (1823.92) is the next upside target to close the day.
Trade active:
👉 Gold: stealthy hedger selling is an obstacle to growth.
💠 The nearest support level for today is the limit buyer (1805.71).
📝 In case of successful test of limit buyer (1805.71) we expect further upside with ultimate target before the close of trading day,- limit seller (1821.94).
Further upside target for the current trading week is the market maker's loss level (1835.99).
📝 In case of successful test of limit buyer (1805.71) we expect further upside with ultimate target before the close of trading day,- limit seller (1821.94).
Further upside target for the current trading week is the market maker's loss level (1835.99).
Trade active:
📝 Gold: going for another limit buyer test.
💡 Today throughout the day, expect to pause the decline near the price point of 1802.72, where the limit buyer is located.
📌 The growth targets are limit seller (1819.57).
If the price fixes above 1819.57, the ultimate upside target is the market maker's loss level (1835.99).
📌 The growth targets are limit seller (1819.57).
If the price fixes above 1819.57, the ultimate upside target is the market maker's loss level (1835.99).
