⚠️ Gold: advancing towards the hedger resistance zone
📣 In case of a successful test of the balance of the day (1729.34), there will be an opportunity to buy profitably with the nearest upside target - the strike level of the weekly hedger resistance zone (1740.00).
📌 The next resistance on Tuesday, March 16, is the limit seller 1745.03.
In case of breakdown and consolidation below the daily balance (1729.34), the final target of the decline on the second working day of the current trading week is the market maker's weekly balance (1725.00).
🤔 Do you like the idea? 👍 like it ✍️ write a comment
📌 The next resistance on Tuesday, March 16, is the limit seller 1745.03.
In case of breakdown and consolidation below the daily balance (1729.34), the final target of the decline on the second working day of the current trading week is the market maker's weekly balance (1725.00).
🤔 Do you like the idea? 👍 like it ✍️ write a comment
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.