✍️ Gold: hedgers are secretly buying
The nearest resistance on Tuesday, March 2, is the weekly loss level of the market maker (1729.04).
💡 The main scenario of the development of events is a rebound from the indicated resistance and a subsequent decline to the optional level of growth of positions for an increase in the volume of $114 million.
⚠️ In case of a breakdown of the indicated support, we expect a subsequent decline to the price level of 1679.80, where a limit buy order with a volume of $48 million is located.
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💡 The main scenario of the development of events is a rebound from the indicated resistance and a subsequent decline to the optional level of growth of positions for an increase in the volume of $114 million.
⚠️ In case of a breakdown of the indicated support, we expect a subsequent decline to the price level of 1679.80, where a limit buy order with a volume of $48 million is located.
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