📊 Gold: got below the balance of the week, what's next?
🌐 Last working day's close below the balance of the week (1780.00) suggests a likely continuation of a corrective decline during the current working day.
In case of rising to the nearest resistance area of 1778.87-1782.13 (balance of the day and limit buyer) we expect formation of sell pattern and subsequent decline to close the currency day.
💎 Most likely, during the European session the limit buyer (1767.95) will be broken and the price will go to the next option support, which is 1760.00.
🤔 Do you like the idea? 👍 like it ✍️ write comment
In case of rising to the nearest resistance area of 1778.87-1782.13 (balance of the day and limit buyer) we expect formation of sell pattern and subsequent decline to close the currency day.
💎 Most likely, during the European session the limit buyer (1767.95) will be broken and the price will go to the next option support, which is 1760.00.
🤔 Do you like the idea? 👍 like it ✍️ write comment
