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Monday, August 30, 2021

⏳ Gold: hedger zone termination will show priority.

⏳ Gold: hedger zone termination will show priority.

Gold OANDA:XAUUSD

As of now, the shelter asset quotes sit in the weekly hedger resistance zone (1800.00-1822.43), with large market participants stealthily gaining mid-term selling inside the trading week.
♻️ In case of successful test of limit buyer level (1805.10) we expect upside with target,- limit seller level (1831.18).
⚙️ In case of breakdown and fixation above the mentioned resistance we expect further rise with final benchmark,- market maker loss (1835.99).
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