JoshuaMartinez

GC one hour push, looking for next entry

Long
COMEX:GC1!   Gold Futures
GC one hour time frame is just under the current one hour Fibonacci extension . The market normally pulls back bearish after a Fibonacci extension is hit. After the market pulls back, the research shows as long as the market stays in the buy zone, looking for a counter trend line break entry at a low price in the buy zone is a good idea. The research shows the market should push bullish towards the Daily Fibonacci Extension price point 1810.00 about +150 Ticks above the current market price of this post.

Comments

Many thanks Josh
+1 Reply
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