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JoshuaMartinez
Jan 6, 2020 5:16 PM

Gold Futures High Price: +2,300 Ticks  Short

Gold FuturesCOMEX

Description

Golf Futures Daily time frame hitting futures resistance. If resistance holds. Market could push bearish +2,300 ticks.
Comments
TheMagicDrP
This may have worked with a trailing stop, or fading the short.
coinpicker
Finally a GC short that appears to have a decent analytical leg to stand on. Well done JM. I am pro-gold and sound currency, yet I am heavily short GLD for Mar 20 142 puts. When do you see the timing for the first major breakdown in the clear uptrend? My analysis using indicators suggests that both gold and silver will continue higher for nearly a week, before seeing a pull back. The oscillators, especially Stoch RSI suggest there is significant upside remaining, while momentum indicators show the gold market is gaining volume to the upside. Curious about your timing opinion.
comanderrich61
no bearish massive bull !
KassandrA_dotcom
Agree : Gold is now bearish :
comanderrich61
@ComeTcrypto, lmao !
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