BREAK IMMINENT BE READY FROM 6AM TO 10AM CST - GOLD- GC1! - 30MN
Than you for your likes and shares! Much appreciated!
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The market profile at the moment is providing opportunities to trade the Gold GC1! from 6AM to 10AM.
Time when we observed huge movements recently. The market used again that time frame to jump from the previous range to the new one.
The market is at the moment very flat. The Support and Resistance lines are very important. A break could possibly lead to a another range in the upper side or in a fall in the down side as we can observe that the historical uptrend support in passing through the New gold Range.
Beware:
If the market decides to break the resistance, then we can possibly reconsider the dotted green uptrend line as new point of support for the price calculation.The market has approved that hypothesis several times has shown in the presented graph. Every time it has touched it, we have noticed a nice movement following.
__________________________________________________
The market profile at the moment is providing opportunities to trade the Gold GC1! from 6AM to 10AM.
Time when we observed huge movements recently. The market used again that time frame to jump from the previous range to the new one.
The market is at the moment very flat. The Support and Resistance lines are very important. A break could possibly lead to a another range in the upper side or in a fall in the down side as we can observe that the historical uptrend support in passing through the New gold Range.
Beware:
If the market decides to break the resistance, then we can possibly reconsider the dotted green uptrend line as new point of support for the price calculation.The market has approved that hypothesis several times has shown in the presented graph. Every time it has touched it, we have noticed a nice movement following.