andberg
Short

looking for support on GC1!

COMEX:GC1!   Gold Futures
22 1 2
It may look like we have a support on GC1!             on monthly basis around 1150$ but all indicators are low with no signs for uptrend.
Weekly and Daily, all indicators are on downside, MACD is Under zero, RSI is Under 50% both with downtrend and STOCH is in the ditch.
We must wait for clear rising signal wich will appear on daily basis before going long.
Until then I wont be suprise to see GC1!             going Under 1000$ to the next support wich is around 900$ or even lower.
It is hard to make money on downtrend except if you buy product like ETF wich following gold             in downtrend like HGD            
Please trade carefully
I agree with you, w'll probably see 1000.0 o lower
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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