Gold Futures (GC) (January 17th 2021 through April 12th 2021)
Low: $1,660
High: $1,868
Very interesting stuff going on with gold, it looks bearish to me, just seems like there are too many invalidations for me to think long on this right now. I can always be wrong but I wanted to try to doodle some potential price actions.
The orange box is my Cindicator forecast for the upcoming week.
This is an update to a medium term idea I had for gold futures, related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $1,660
High: $1,868
Very interesting stuff going on with gold, it looks bearish to me, just seems like there are too many invalidations for me to think long on this right now. I can always be wrong but I wanted to try to doodle some potential price actions.
The orange box is my Cindicator forecast for the upcoming week.
This is an update to a medium term idea I had for gold futures, related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
