Andrey.Ustinov
Long

Gold futures wedge playing around

COMEX:GCZ2016   GOLD FUTURES
89 3 3
pattern trade
many parameters can be used
Hi Andrey.Ustinov,

Why the line indicator only on the downside of the graph ?
are you predicting the bearish movement until end of this year ?
Reply
Hello Albert,
i use DMI indicator on lower timeframes such as h6 and lower till m15-30
but if you check MACD and RSI they should possible reversal zone now to make a new swing up, there i would see what could happen next cause h2 cahrt which you are looking now is too small to predict yearly movements.
Best regards.
+1 Reply
albertwt Andrey.Ustinov
Andrey,

Thanks for the sharing man, so yes you are right, from the graph above and some the of the experts here predicting Gold bearish movement this month.
Reply
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