paradox677

GC1! Gold 2021 Sep 13 Week

COMEX:GC1!   Gold Futures
GC1!

GC1! Gold 2021 Sep 13 Week

Market tested low 1785 of bar A climatic up bar. If low is broken, we can expect more down side.

Weekly: After 4 up weeks, this is the first wide spread down bar which took out the low of the week
before it. Weakness TBC
Daily: 7 Sep's ultra wide spread down and subsequent lower close = weakness
H4: Temporary support at 1785

Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)

1837 1785 1740
1822 1765 1718
1809 1756

Remember to follow and like if you find this useful.
Have a profitable week ahead.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.