MaxxPayme

Just one take on $GLD. Possible confluence of resistance. $GC_F

Short
COMEX:GC1!   Gold Futures
2
Just how my eyes are seeing this. For me the short term pattern looks bearish with an inverted cup with handle pattern. Also there is a confluence of down trend line resistance as well as Head / Shoulder neckline extension resistance.

Above 1360 this looks more bullish, below 1275 and gold could crash back to for another retest of the 1200 round number.

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