ThinkingAntsOk

Daily Analysis of GOLD ( XAU/USD Futures) by ThinkingAntsOk

COMEX:GC1!   Gold Futures
Use this as a guide to develop your view of the chart.

Main items we can see:

a)We have a clear Weekly support resistance zone that worked as a resistance for a long time before was broken with a bullish movement

b)Now item a) is working as a support

c)On the Support, we can see a Triangle Pattern that is now completed and close to the breakout

d)Our next target for the coming bullish movement is 1900

e)If the price goes below 1663, we will consider this analysis as invalid, and the next target for the bearish movement will be 1515
Thinking Ants.
A platform entirely created to improve Traders development.

https://www.thinkingants.com/

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out