fxtrader66

NEW TRADING RANGE?

COMEX:GC1!   Gold Futures
293 3 4
Hello El purerto 93, I still looking deeply inside such chart ,but in brief, as shown in my chart here,clear points of Short position supposed to place but what about these days,,Go Long,Short..or what? my opinion is,Short positions is wise decision and rise here will consider it as a nice point to Short over and over again. NO LONG HERE until it cross their major down trend line and confirmation for me at this time when GOLD can reach and settled above level of 1335,then i will start to go long with care.**GL**
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YR YR
*** I want to add one more point,If i trade Gold here,i wouldn't wait until confirmation takes place ,i was go short once Gold start to do lower high as seen on the chart.**GL**
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Going back to 1360.
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