stk2fx
Long

Is Gold on its way to 1338-1340 ?

COMEX:GC1!   GOLD FUTURES
8 months ago
As you can see on weekly chart of gold futures             GC1!             It has bounced off 50% Fib level. Is it going up to 1338-1340 price point before it pauses again?

Note, I used some nice tools on the chart that tradingview provides. I have added fictitious trade to show nice risk to reward if entered at current levels.

This is not a recommendation or advice to trade. It is for my own analysis and records. Please click 'Like' on top if you agree with the idea. Your comments are welcome. Thank you.
8 months ago
Comment: If you hover your mouse over price forecast rectangle, you would see the fictitious trade entry, target and stop loss levels.. Learning new tools in trading view.
anvil PRO
7 months ago
great trade and hope you took it!
Reply
stk2fx anvil
7 months ago
Yes! Still holding for the target. Thanks
Reply
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