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Monday, August 2, 2021

⚠️ S&P500: going for the balance of the week test?

⚠️ S&P500: going for the balance of the week test?

S&P 500 CURRENCYCOM:US500

✍️ The key support for today is the weekly marketmaker balance (4375.0).
Subsequent option support is the limit buyer level (4360.9).
♻️ With the formation of a buy pattern inside the price range of 4375.0-4360.9, we expect a subsequent rise to the close of the currency day with the target,- limit seller (4412.8).
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๐Ÿ’  Gold: terminate marketmaker balance.

๐Ÿ’  Gold: terminate marketmaker balance.

Gold OANDA:XAUUSD

✍️ Over the past 24 hours worked out with a false break test of the market maker balance level (1810.00).
In case of successful test of the limit seller level (1824.10) during the trading day, decrease to the current limit buyer level (1806.88) is expected.
๐Ÿ’ก The next downside target before the day's close is the weekly market maker loss level (1775.26).
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๐ŸŒ EURUSD: balance of the week dynamically down.

๐ŸŒ EURUSD: balance of the week dynamically down.

EUR/USD OANDA:EURUSD

♻️ The key resistance for today is the limit seller (1.1912).
In case of a successful test of the mentioned resistance level , we expect a further decline with the target,-weekly balance (1.1862).
๐Ÿ”บ In case of consolidation below 1.1862, the next downside target for today will be hedge support zone premium level (1.1826).
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