GOLD
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0.51% $1,391.7 gold futures

Gold is trading shorts at the moment. Wednesdays highs to...

  1. Fibtrader
    201 Posts.
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    09/02/18
    23:55
    Post #: 30960913
    Gold is trading shorts at the moment. Wednesdays highs to Thursdays lows defended their 61.8% retracement to the tick at 1325. Thats is no coincidence. Algo s usually defend this level.

    Look at where the -23% Profit target lines up with at 1303?  The all the way half way back at the 1301s.

    https://www.screencast.com/t/L56b6rxHO


    on the Daily Chart GC has technical targets at the 1395s and the 1418s.

    https://www.screencast.com/t/Kdu7YPgu


    Trading What I See.
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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