forker
Long

GC - Gold broke the sine wave. Short term long.

COMEX:GC1!   Gold Futures
...it halted to the tick at the L-MLH.

Supported by the A/R line, what we have here is a long candidate.
As a target I simply choose the EP = Energy Point.

P!
Comment: Looks it wants to go south...
Observe.
Comment: Here we have it.

Done.
Now that we broke through the orange L-MLH, are you expecting a fall to the larger white L-MLH?
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forker TexasTower85
Pullback up to the L-MLH is expected, just dunno when, then going further south is possible.

Just be aware that all this information is never a trading advise.
You act on your one and all of this information is for learning purpose only.
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@forker, Thanks! I entered short on GDXJ today after the pop when it retested median line so good to know you are seeing further decline in Gold too.


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@forker, I conduct pretty heavy analysis on my side of things as well. Just like to bounce my perception of reality off others that I respect to validate my views. Thanks for the disclaimer and response though
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