⭐️ Gold: weekly balance terminated, decline continues?
🎯 The nearest support for today is the option balance of the day (1758.37).
In case of a successful test of the said option support, we expect a subsequent rise to the price point of 1776.43, where the seller's limit level is located.
🔥 In the case of successful test of the limit seller (1776.43) during the European session, decrease with the weekly balance target (1755.00) is expected.
The subsequent downside target for the first working day is the limit buyer (1746.42).
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In case of a successful test of the said option support, we expect a subsequent rise to the price point of 1776.43, where the seller's limit level is located.
🔥 In the case of successful test of the limit seller (1776.43) during the European session, decrease with the weekly balance target (1755.00) is expected.
The subsequent downside target for the first working day is the limit buyer (1746.42).
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