KaizenTrader
Short

Gold short doing well so far

COMEX:GC1!   Gold Futures
44 3 3
I see gold             going down to previous support of around 1140. It looks like it will fail to pass through the daily ichimoku cloud . MACD and Fisher both lookish bearish as well. This trade is completely reliant on technical indicators and I will monitor it if the current bullish equities markets make a weekly turn for the worse and investors move for cover in gold             .
where is gold strong buy levels????
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1170
+1 Reply
Good work I agree looks very possible for gold to descend to 1140 and another confirmation to the downside is the failed inverse H&S from March which gives a target from the upside down head ie.1140 area
+1 Reply
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