⚠️ Gold: intra-week decline continues.
The nearest resistance for today is the hedge zone premium level (1762.66).
📌 In case of the test of the mentioned option resistance (1762.66), we expect the formation of the pattern on sale.
The nearest landmark for the downward momentum continuation in the direction of the long-term trend is the limit buyer (1739.60).
📝 On fixation below the limit buyer (1739.60), we expect decrease to the hedge support zone (1730.05).
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📌 In case of the test of the mentioned option resistance (1762.66), we expect the formation of the pattern on sale.
The nearest landmark for the downward momentum continuation in the direction of the long-term trend is the limit buyer (1739.60).
📝 On fixation below the limit buyer (1739.60), we expect decrease to the hedge support zone (1730.05).
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