Notice that Price was going long on 4hr timeframe. We are now at the bottom of the golden zone. It could keep price going down for lil while. A huge gap up caused a corrective downtrend or deep retracement back into the
long channel. I see price going short with occasional pull backs until price resumes Long channel. But of coarse news and current Brixit...
Based on my daily chart, GC has been trending long since oct. GC is approaching respected Daily resistance last established in May, at the 1.77180 price range. Iam expecting a trend reversal at resistance...If price breaks resistant, it will have to have some serious momentum...There is also a respected Daily down trend respected a few times in the past. I will...