Guario

GC1! ANALYSIS (short term)

Short
COMEX:GC1!   Gold Futures
Hi traders :) I'm Guario and this is a forecast about Gold Futures possible price action. As you can notice from the chart the metal is moving in a very tiny range along with a Stochastic divergence which gives us a bearish signal. This could be a very low risk and profitable operation although I suggest to place any entry order under the volumetric zone of 1479.8. Look at the chart for possible stop and target levels. Write me in the comments for any question, thought or critic. Good luck :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.