ucsgears

GC - Could breakout above IC

COMEX:GC1!   GOLD FUTURES
252 4 6
Explanation is in the chart.

Idea is to watch out for GOLD             to breakout ( RSI ) then monitor and manage.
Other way to look at this would be.

snapshot
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Short term Trading way to look at this. Using the Ultimate Squeeze Indicator with the indicators showing where the consolidation takes place, with a support or resistance.
snapshot
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Great work ucsgears not many people see these upside down patterns...I don't know how good my chart is but my target based on your recognition of the H&S (reserve) is around 1346 which brings it up to the March 13 high...wouldn't that be a nice move?
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glennjoy1 PRO glennjoy1
Forgot to add chart...I think? Anyway..
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