COMEX:GC1!   Gold Futures
6.22.23 In this video I discuss some of the mixed messages of the dollar versus the gold. I started out with the silver market because it really looks to me like it's going to go lower and that's significant because that may influence the gold in a positive way so that it goes lower. the dxy Is a mixed bag for me... it's not clear. and that's the market sometimes. At the end of the video I said that if the gold market trades below the support resistance line there is a chance that the market is free to go even lower than the 382 or the 1.272. The market can actually accelerate to the lower price where I'm looking to be a buyer. If that happens I'll do a video showing you what I think are the relevant Dynamics to this, But the Dynamics Are that a market the trades below A stubborn support resistance line will attract breakout sellers and if you look to the left you will see a strong string of buyers that cause the market to go up in the first place. What this could mean Is that the market may hit stops for those buyers as the market trades lower and this could be part of the acceleration if the market trades below the support area.



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