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Wednesday, March 31, 2021

πŸ” Gold: will hedgers suspend asset declines?

πŸ” Gold: will hedgers suspend asset declines?


πŸ’‘ Throughout the first half of the trading day, we expect the asset's quotes to fall into the price range of 1675.91-1672.68, where the limit buyer and premium level of the hedgers support zone is located.
♻️ In case the decline stops and a buy pattern appears, we expect impulse increase in the American session to the option balance of the day (1686.10).
Mid-term upside target before the trading week close is the market maker's loss level, near which the limit seller is located (1695.24).
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