The gold future is playing again in a new trading range. Currently we have signs of an increasing trend; it’s confirmed with that high level (After a succession of stable low volume) of volume and that candle. We expect it to reach the Resistance R0 and break it to reach the other resistance R1.
For intraday trading, we buy right now, and keep...
The gold future is now preparing for an increasing trend. We have the right signs of volume and candle’s shape that assure that, so we expect this upward trend.
As I said in my last analysis of GC, Gold future was able to break a trading range and take that increasing path.
Currently, buying GC will be a profitable operation, it seems Gold future...
The pitchfork indicator has bounded well the evolution of GC.
So that GC could break those limits, we should have volume higher than the stagnated volumes shown in the graph, so that GC could break the L2 limits.
However, the support of pitchfork indicator is taking the GC step by step to an increasing trend. Therefore, GC would be a good investment for long terms
As I said yesterday in my last analysis, of GC, GC future has broken the trading range and makes a comeback to it.
For now, we should wait for good signs of volume and good signs of candles that will give us an idea how GC will evolve.
Those signs will impose to GC a break of that equilibrium zone.
If the break was above this zone, we expect an...
Currently the GC future shows a decreasing trend, it breaks the trading range (equilibrium range down), however we have signs that assure an increasing trend for intraday trading. We expect it will come back up to the trading range.
For now, the advice is to buy for intraday trading, and sell at the next red volume and red candle, of course after...
As we said in our last analysis of GC, we should wait for a high volume.
The GC shows high level of volume, and shape of candle that assure an increasing trend.
We hope this growth reaches the first level of growth, and if it breaks it, we should go the second level of growth.
The advice is to buy GC and wait for the first red volume and candle to sell for...
GC Future is in a stand by, There is no clear trend, which means it’s in an equilibrium range or zone.
The next levels of volumes will give us an idea of how GC will behave.
If the price breaks the range zone above, it’s more probable that we will have an upward trend.
If the price breaks the range zone below, it’s more probable that there is a downtrend.