elp

GOLD Short Squeeze or Meltdown?

COMEX:GC1!   Gold Futures
254 1 4
Gold             looks like it could trade down to 1180 where if gold             dips into 1180 and finds support at the pink and red trendlines , could trap sellers at lows causing a short squeeze in a counter trend rally back up to resistance. But if gold             breaks all current possible support on a weekly close with strong momo, the measured move of its current consolidation period is close to the 61.8% fib from 2001 lows to 2011 highs. Notes on chart.
I vote for the short squeeze, please!
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out