forker
Short

GC - Gold Short

COMEX:GC1!   GOLD FUTURES
142 0 10
Look what you see on the Chart.
What would you say?

P!
Comment: Touchdown above the former support.
In fact, it's not the REAL support. If one understands the real HH & HL, then you know why. There was a so called DT (Double Top). A Low is only confirmed, when the former High is broken = at least a couple points close above.

So - target is at least the L-MLH bevor a bigger rebounce.
Comment: There we go...starts to PB allready.
Comment: Currently we face a massive resistance:
- orange A/R Set
- centerline (bue)
- block resistance from prev. price action

... from where short trades could be initiated.

My stops would go at least above 79, which is also the area from where
potential RiskReversals or BearCallSprads could setup with confidence.
Because if we look at price action on the chart, we can observe that
such harsh up- thrusts we had now, lead in a fall back because price
is running out of buyers.

snapshot
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out