shinsky

Gold - Repeat and Rinse

COMEX:GC1!   Gold Futures
132 views
5
Notice how last year December has a similar pattern to gold right now. There was an initial spike up breaking the 10 EMA . Then for the next week or so, it was battling to stay up above it and constantly testing the 10 EMA . Eventually, gold re-traced back down to its low.

Today's gold movement appears similar. Watch out for the constant retests of the 10 EMA , if it does break down, I am buying at the previous low.

Hopefully then, rocket time!

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