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JBNYCTRADE
Apr 7, 2023 11:05 PM

Is it just me, or are we headed lower? Short

Gold FuturesCOMEX

Description

If we can get past the 2050 price level, we may be able to test 2080, however, given the bullish trading environment, the price is looking like it is more likely to retest 1980/1960 in the near term. COMEX:GC1!
Comments
Skipper86
Are you saying the gold dog is reaching the end of its leash?
JBNYCTRADE
@Skipper86 it would appear so. but then again, we can always trade within range or sideways for weeks before making a more definitive move. next week will serve as a good indication.
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