📉 Why may Gold continue to decline on March 1-5?
For more than three weeks in a row, the preponderance of buyers according to CoT reports has decreased.
📌 Over the past working week, buyers have reduced their net advantage by 3%. This confirms that the decline in gold will continue next week.
The total market volume decreased by 7%. Institutional investors are expecting a unidirectional movement within the week, as they closed 10% of their locked positions.
In this vein, touching the nearest resistance at 1750.00 will be a profitable opportunity to sell.
🌐 The target is small - the loss of the market maker and the premium of the hedger zone (1729.03 - 1719.21).
🤔 Do you like the idea? 👍 like it ✍️ write a comment
📌 Over the past working week, buyers have reduced their net advantage by 3%. This confirms that the decline in gold will continue next week.
The total market volume decreased by 7%. Institutional investors are expecting a unidirectional movement within the week, as they closed 10% of their locked positions.
In this vein, touching the nearest resistance at 1750.00 will be a profitable opportunity to sell.
🌐 The target is small - the loss of the market maker and the premium of the hedger zone (1729.03 - 1719.21).
🤔 Do you like the idea? 👍 like it ✍️ write a comment
Trade active:
📊 Gold: How Long Will Corrective Growth Last?
⚠️ The main scenario for the European session is a rebound from a limit buyer (1739.08) and a subsequent rise.
The nearest resistance is far away - the weekly balance level (1770.00).
✍️ In case of breakdown and consolidation below the limit buyer (1739.08), the next medium-term support will be the minimum profit level of the options seller (1729.46).
The nearest resistance is far away - the weekly balance level (1770.00).
✍️ In case of breakdown and consolidation below the limit buyer (1739.08), the next medium-term support will be the minimum profit level of the options seller (1729.46).
Trade active:
✍️ Gold: hedgers are secretly buying
The nearest resistance on Tuesday, March 2, is the weekly loss level of the market maker (1729.04).
💡 The main scenario of the development of events is a rebound from the indicated resistance and a subsequent decline to the optional level of growth of positions for an increase in the volume of $114 million.
⚠️ In case of a breakdown of the indicated support, we expect a subsequent decline to the price level of 1679.80, where a limit buy order with a volume of $48 million is located.
💡 The main scenario of the development of events is a rebound from the indicated resistance and a subsequent decline to the optional level of growth of positions for an increase in the volume of $114 million.
⚠️ In case of a breakdown of the indicated support, we expect a subsequent decline to the price level of 1679.80, where a limit buy order with a volume of $48 million is located.
Trade active:
⚠️ Gold: bullish positions continue to set
✍️ The main scenario for today is a rebound from the limit buyer (1712.06) and a subsequent rise to the level of the market maker's loss (1723.18).
If we fix above the price level 1723.18, we expect a further rise to the limit seller (1743.50).
📣 Further support in the event of a breakdown of the limit buyer will be the weekly option level at the price mark 1693.3, at which there is an increase in positions for an increase in volume of $ 53 million.
If we fix above the price level 1723.18, we expect a further rise to the limit seller (1743.50).
📣 Further support in the event of a breakdown of the limit buyer will be the weekly option level at the price mark 1693.3, at which there is an increase in positions for an increase in volume of $ 53 million.
Trade active:
✍️ Gold: what to do when the market maker is at a loss?
📊 Over the past 24 hours, a re-test has been worked out on the reverse side of the market maker's loss level (1723.02).
🔥 The main scenario for the development of events today is a rebound from the limit buyer (1690.38) and a subsequent rise to the limit seller (1710.57).
The maximum target of growth with a correctional increase before the upcoming expiration is the previously mentioned loss level of the market maker (1723.02).
🔥 The main scenario for the development of events today is a rebound from the limit buyer (1690.38) and a subsequent rise to the limit seller (1710.57).
The maximum target of growth with a correctional increase before the upcoming expiration is the previously mentioned loss level of the market maker (1723.02).
