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Long

GOLD - Descending Channel (Long Opportunity)

COMEX:GC1!   Gold Futures
The price of Gold Futures is possibly moving in descending channel on the 1-day chart.
After todays strong downwards movement, we're almost at the support line of the channel.
I'm expecting another drop tomorrow, from where we will consider to open our position as follows

Open Position (Long): 1446.00 or below
Target: 1490.00 or above (Key Zone)

Please wait for a confirmation first.
I will keep you updated!

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Nov 13
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