ThinkingAntsOk

Waiting for the breakout on GOLD Futures by ThinkingAntsOk

COMEX:GC1!   Gold Futures
Main items we can see on the chart:

a) The price is above a well-tested Support Resistance zone

b) It has been there for 70 days almost

c) We expect that the direction of the breakout of the range would be bullish based on the technical structures of the current situation

d) Our Target for the Breakout is going to be 1900

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.