mrfalvo

Gold Short Idea

Short
COMEX:GC1!   Gold Futures
We are reaching peak level of euphoria towards gold as central bankers around the world print endlessly because of the COVID destruction. Would expect a significant pullback to shake out some traders and investors.I idea is invalid if weekly candles start closing above the box.


An initial rejection is expected but confirmation would be after a close below the orange line only after reaching the box.

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