globalfx

GC

Long
globalfx Updated   
COMEX:GC1!   Gold Futures
Hit the 1.62 EXT down w3 expect recoil throw back to horizontal TLB w4 with upper limit median previous down trend channel yellow line.
Have additional down side targets with a meas. move and ultimately broader bottom of up channel black.
Comment:
Dipped further than anticipated but testing channel btm on throw back see if is can regain channel and test yellow median mid channel..... anticipate seasonal strength, But always ready with opposite down side target if it flips out, either way I always have a objective alternative target .
Comment:
Ok back at the channel Median yellow there is one more upside target

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.