๐ Gold: weekly option analysis for June 22-25.
Over the past trading week, the net outperformance of buyers on current CoT reports was down 8%.
Market volume is down 4% at a cash equivalent of $245 billion 975 million.
๐ The number of locked positions of investors at the same time decreased by 4%, which gives us grounds to assume about possible correction decrease of gold quotations during the new trading week.
In case of a successful test of the week's balance (1810.00), we expect a further decline before the close of the trading week, with a target of $160 million upside positions (1750.00).
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Market volume is down 4% at a cash equivalent of $245 billion 975 million.
๐ The number of locked positions of investors at the same time decreased by 4%, which gives us grounds to assume about possible correction decrease of gold quotations during the new trading week.
In case of a successful test of the week's balance (1810.00), we expect a further decline before the close of the trading week, with a target of $160 million upside positions (1750.00).
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