Forex_Times

πŸ‘‰ Gold: expect a return to the market maker's comfort zone.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ’  The nearest resistance level for today is the limit seller (1738.34).
πŸ“ In case of successful test of the limit seller (1738.34) we expect the subsequent decrease with the nearest target before the close of the trading day,- strike level of the weekly hedge support zone (1725.00).
At fixation below the specified support we expect the subsequent decrease to the level of the minimum profitability of the marketmaker (1714.14).
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