Oliver-Basel

Gold Futures - GC1

Long
COMEX:GC1!   Gold Futures
• It looks like that the long-term upward trend holds (chart on the right side)
• Break out of the short-term downward trend
• RSI is over the important mark of 50 but on the weekly chart still in a downward trend
• MACD is improving and shows an upward momentum in the short-term chart and an improved picture in the long-term chart.
• Volume is still decreasing and disappointing.

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