Forex_Times

πŸ’‘ Gold: market maker resistance is close!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ’  As of now, the safe haven currency quotes have settled close to the market maker loss level (1857.96).
The main scenario for today is to continue rising during the European trading session with targets: market maker loss (1857.96) and limit seller (1861.53).
πŸ“ In case of stoppage of growth and formation of sell pattern during the American trading session we expect correctional decline with the nearest target,- round numbers level (1850.00).
πŸ€” Do you like the idea? πŸ‘ like it ✍️ write comment
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.