oualidskh

GC signs of a trend change

Short
oualidskh Updated   
COMEX:GC1!   Gold Futures
With an increasing trend since 18 June, now we have signs of a decreasing one. With the high level of volume, GC will go down. This prediction is for an intraday trading.
It seems that each GC is trying to break the previous zone of GC it goes back to it.
If we take a look at GC in daily, we will find that the volumes are stable since April, so to go out of this zone, we need a higher level of volume.
PS: If it goes down and break the current trend support, it ùeans we have a deep decreasing new trend

The advice about GC : It's time to sell now and take profit.
Comment:
If the GC didn't break the support the increasing trend will continue
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