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GC

Good time for taking Profits GC (GOLD Futures) by ThinkingAntsOkWith this post, we don't want to say that Gold cant keeps rising, the idea we want to give is: a) If you have opened positions on the previous corrective Structure, then you have a good market movement in your favour b) If your current risk-reward ratio is above 1.5, then it is a good level to take profits c) The reason is: we are in the all-time high zones, and it is uncertain how the price can behave here d) Our approach is always to close positions on relevant support resistance zones, and then wait again for a clear corrective Structures like the 2 that you can see on this chart.
COMEX:GC1!
by ThinkingAntsOk
1
Best Gold Trading IdeasGold is continuing the sideways Elliott Wave that we have identified last week. It has tracked our prediction almost perfectly. If we are right, expect another dip to 1795 or 1787. Although we are still bullish of gold, GC is trekking in the vicinity of all time highs, so watch for some more ranging before breaking out further. The Kovach Momentum Indicators are both oscillating, meaning there is some ambivalence here, and a trend has not yet been established (on 30 min charts.).
COMEX:GC1!Short
by quantguy
Great Canadian Gaming - Bounce TargetsChart speaks for itself. Perfect bounces off of key fib levels. A bounce close to the .618 fib level would line up perfectly with the upper trend line of the channel along with the 200EMA. GC was not the most volatile stock but was a cash cow pre-covid with great margins and growth. Will continue to look for great buy opportunities even if we break below the bottom trend line of the channel. Massive volume spike but not too much of a price move which could be a signal of strength.
G
by thiluxan_s
GBPCHF AnalysisHey guys i just wanna say that i base my analysis on price action and its what i see its the same thing i analyse, i maybe wrong i maybe right and y'all know how the market can be so some workout others go wrong, we learn through our mistake or so i heard. To The Analysis Looking at the charts GBPCHF just hit a support level so we'll expect abounce to the upside, there's a trendline we'll have to wait to see if it touches it and bounce downwards or it can crash the trendline and continue but still there's a resistance level, so patience is the play, but either way i'll be expecting a bounce off from either the trendline or the resistance area.
by alex_muchai
On the way to the next Resistance GOLD Futures by ThinkingAntsOkMain items we can see on the chart: a) After a long time above a support zone, the price formed a clear corrective Structure b) The Corrective Structure was broken with a bullish movement c) Our main target for this movement is the next resistance zone at 1900-1915 d) Currently, the price is on its way to the Target e) However, in our experience observing GOLD, we have seen that middle corrections happen on the movement towards these type of targets. So, expect one before opening new long positions if you couldn't open positions yet.
COMEX:GC1!
by ThinkingAntsOk
6