Forex_Times

🚫 Gold: we have a narrow corridor of limit participants

OANDA:XAUUSD   Emas / Dollar A.S.
πŸ“ˆ During the European premarket we expect a decline to the limit buyer (1715.09).
In case of a successful test of the latter, we expect an increase to the option balance of the current trading week, located at the price level of 1725.00.
⚠️ In case of breakdown and consolidation below the price level of 1715.09, we expect a decline to the strike level of the weekly hedger support area (1700.00).
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