SELLER IN THE GAME, GOLD CHANNELS IDENTIFIED | GC1! DAILY#goldtradingidea #tradingidea #gc1! #comex #futuretrading #gold #election #chartpattern #trendanalysis
We have seen very strong sellers entering in the market of GC1! Gold Comex Future. The gold has broken the red line to trend in a new channel.
The new horizontal #trending #range of the gold probably follow a logic pattern, as you can see when we do some extensions to the top, we perfectly arrive to the maximum price reached this year.
The green top line is where the gold could probably go, same for the bottom middle black line.
The Gold is at the moment in a very #importantzone. Follow up on this red line which is a super #strongresistance right now. Above $1927 there is a strong probability to see the #goldrise from there.
For the moment be careful at sellers tricky moves on the GC1!. The are sqeezing down and disappearing.
Hope my chart helps you have another vision on the Gold. Thanks you for the shared and the interest shown. See under some extra information on the lines.
Green Top Line: The sky for the Gold Future Price, not reached yet. Beware everything is possible with the Gold.
Black Lines: Very strong points in the recent history of the Gold GC1! Comex Future. At the moment it is the strongest nearest bottom point.
Red Line: The strongest point of the GC1! Gold Future at the moment.
Dotted Lines: Channels in which the gold has been evolving and potential future channels
Green Circles: Critical moments for the #GC1! #Gold #Comex #Future
