Oliver-Basel

Gold Futures – GC1!

Long
COMEX:GC1!   Gold Futures
  • After the breakout of the ascending triangle we moved up to the price target of the weekly chart
  • GC1 took a break at this level and moved some days in a slightly downward in a corridor
  • In the last two days GC1 broke out of this corridor and went back to the upward trendline
  • In my point of view GC1 is increasing further to the target price of USD 1’913.80 of the ascending triangle

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