Diallo_Charts_Ideas

$2000 - THE NEW GOLD ERA - GC1! - 30MN

Long
COMEX:GC1!   Gold Futures
-Perfect nice uptrend angle.
-Last Gape has been filled.
-Nice rebound on the blue trending line.

The GC1! has been showing some intense moments specially during the end of Asian Session and the middle of American Session.
The blue trending line could probably be a support next week for a consolidation of the New Gold Era! The Gold above $2000.

The Red Horizontal Line is Showing a very Important Support, Marking the History of GC1! Future.
Markets always decide so keep this possibility in mind.

For the moment the blue uptrend line is solid and possibility could be the broken by a ranging market showing tops at a new resistance line.

Comments

nice analysis,

Reply
@ABDOLLAR_FX, Thank you. Market will decide ;)
Reply
ABDOLLAR_FX Diallo_Charts_Ideas
@Diallo_Charts_Ideas, you are welcome mate
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