Short

Weekly %r is pretty much maxed out on #gold $GLD $GC_F

By Justiceisfalse2

Updated

Looking for short entries
Other considerations also taken in to account prior to execution.

Note

Here is the counter argument that it is gonna just rip to fib extensions and volume resistance:

snapshot

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And here is the monthly view where the volume resistance lines up nicely with those fib extensions:

snapshot

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Short side hasn't triggered and it keeps jamming higher.
Long trade targe 3 at 1560-1570 clearly coming in to sight.

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Finally cooling off today with a big dump as CL_F #oil gets it's bounce along with the equity markets

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What a great spot for a bounce

Daily 10ema

snapshot

And the 200ma on H1

snapshot

Trade active

Took a while to work out but worked out nicely.
Now commercial are the shortest they have ever been in history (read the COT report!)
Juicy

Justiceisfalse2

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