Forex_Times

💡 Gold: the limit seller pushes the price down

OANDA:XAUUSD   Gold Spot / U.S. Dollar
💸 The closest support area for today is the price range 1726.79-1725.00, where the limit buyer and the week's balance are located.
👉 In case of rebound from the specified support, we expect an increase to the premium level of the weekly area of ​​hedgers resistance (1738.01).
In case of breakdown and consolidation above the indicated resistance, the ultimate goal of growth is the level of the limit seller (1740.02).
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