📝 Gold: trading ideas for May 24-28.
Overall market volume is up 6% on new CoT reports, indicating a likely pattern of continued gains during the new trading week.
📌 Total market volume was up 8% and the number of locked positions increased by 7%, 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 option balance (1875.00).
💡 In case of breakdown and fixation below this support, we expect the subsequent decrease to the level of increase in positions on rise in the volume of $34 million (1860.00).
In case of formation of a buying pattern near the 1860.00 price level, we expect the decline to stop and the growth to continue with the nearest target - investor resistance zone (1895.00).
In case of breakdown and fixation above the mentioned price level, we expect increase to the market maker's loss level (1911.98).
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📌 Total market volume was up 8% and the number of locked positions increased by 7%, 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 option balance (1875.00).
💡 In case of breakdown and fixation below this support, we expect the subsequent decrease to the level of increase in positions on rise in the volume of $34 million (1860.00).
In case of formation of a buying pattern near the 1860.00 price level, we expect the decline to stop and the growth to continue with the nearest target - investor resistance zone (1895.00).
In case of breakdown and fixation above the mentioned price level, we expect increase to the market maker's loss level (1911.98).
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Trade ativo:
✅ Gold: balance of the week successfully tested.
The balance of the week (1875.00) was successfully tested during the Asian session on Tuesday, 25 May.
🌐 The nearest support area for today is the price range of 1875.00-1872.16, where the balance of the week and the limit buyer is located.
💬 In case of decline to the mentioned support area, we are expecting the formation of the pattern to buy and the subsequent rise with the limit seller (1888.83) as a target.
🌐 The nearest support area for today is the price range of 1875.00-1872.16, where the balance of the week and the limit buyer is located.
💬 In case of decline to the mentioned support area, we are expecting the formation of the pattern to buy and the subsequent rise with the limit seller (1888.83) as a target.
Trade ativo:
💬 Gold: asset rises, investors hold gains.
🔹 Over the past 24 hours has jeweled off a test of the balance of the week support area indicated yesterday and the limit buyer (1875.00-1872.16).
💰 Continued rise on CoT reports confirms dynamic rise in the balance of the week from 1875.00 to 1880.00.
In case of a successful test of the balance of the day (1900.42) there will be an opportunity to buy profitably with the ultimate target,-marketmaker loss (1915.09).
The close proximity of the limit seller further strengthens the indicated option resistance level.
💰 Continued rise on CoT reports confirms dynamic rise in the balance of the week from 1875.00 to 1880.00.
In case of a successful test of the balance of the day (1900.42) there will be an opportunity to buy profitably with the ultimate target,-marketmaker loss (1915.09).
The close proximity of the limit seller further strengthens the indicated option resistance level.
Trade ativo:
💡 Gold: balance is dynamically rising.
Over the past 24 hours, the market maker's highest net profit level has dynamically increased from 1880.00 to a quote of 1890.00.
📌 In case of a successful test of the limit buyer (1890.14), which is reinforced by a $14m upside position gain, expect a rise to close the day to the balance of the day (1903.97).
📝 On breakdown and fixation above the balance of the day (1903.97) we expect a rise to the market maker loss level (1917.09).
📌 In case of a successful test of the limit buyer (1890.14), which is reinforced by a $14m upside position gain, expect a rise to close the day to the balance of the day (1903.97).
📝 On breakdown and fixation above the balance of the day (1903.97) we expect a rise to the market maker loss level (1917.09).
Trade ativo:
📝 Gold: going for another balance of the week test.
The balance of the week level (1890.00) was successfully dissolved in the past 24 hours.
💡 Today throughout the day, expect to pause the decline in the price range of 1891.01-1890.00, where the limit buyer and balance of the week is located.
📌 The upside targets in this case are balance of the day (1898.64) and limit seller (1901.20).
💡 Today throughout the day, expect to pause the decline in the price range of 1891.01-1890.00, where the limit buyer and balance of the week is located.
📌 The upside targets in this case are balance of the day (1898.64) and limit seller (1901.20).
