littleriver

Gann Fan Gold Daily

COMEX:GC1!   GOLD FUTURES
260 2 0
Not sure why I began putting all these cloned fans on bottoms. But the emerging picture is revealing when it comes to lines of support and resistance .
not clear at all, too many fans
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Where the bands of the same color are concentrated together are strong areas of price support and resistance. Price moves quickly through areas of no lines. Just below current price is heavy concentration of red bands. This will be difficult to cross but not impossible. The purple and blue bands demonstrated a similar price support and resistance while price was in those areas of the chart.
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