Gc1!buy
GOLD FUTURES GC1 (Swing)We have a downtrading
i will start my trade: Long ( the market may follow my arrow in my prediction)
When i achieve the Target A
Target A: 1763.2
Then i Sell = Short to achieve my Second Target B.
Target B:1751.5
everything on the chart, if you have any questions related to my prediction, leave it in the comment box
GC AnalysisHello traders,
After having a period in equilibrium, The Gold Future is taking an increasing trend.
GC could break that zone of equilibrium above it, and therefore it takes that upward trend. But as I said in my long term analysis of GC we need an important volume that could push the GC price over that maximum price of 18/05/2020, we should wait for those volumes, in case we’re looking for long term investment.
PS: A down break of the trend support could change the current increasing evolution.
GC signs of a trend changeWith an increasing trend since 18 June, now we have signs of a decreasing one. With the high level of volume, GC will go down. This prediction is for an intraday trading.
It seems that each GC is trying to break the previous zone of GC it goes back to it.
If we take a look at GC in daily, we will find that the volumes are stable since April, so to go out of this zone, we need a higher level of volume.
PS: If it goes down and break the current trend support, it ùeans we have a deep decreasing new trend
The advice about GC : It's time to sell now and take profit.
GOLD - XAUUSD - H1 - Bullish Channel BUY GOLD - XAUUSD - H1 - Bullish Channel
Waiting for a pullback on the previous resistance
before to open a Buy trade if we have a confirmation, that the resistance is becomed support.
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Entry: 1720.00 | Stoploss: 1710.00 | Takeprofit1: 1740.00 |
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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