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Gc1!trend

GC AnalysisHello traders, After having a period in equilibrium, The Gold Future is taking an increasing trend. GC could break that zone of equilibrium above it, and therefore it takes that upward trend. But as I said in my long term analysis of GC we need an important volume that could push the GC price over that maximum price of 18/05/2020, we should wait for those volumes, in case we’re looking for long term investment. PS: A down break of the trend support could change the current increasing evolution.
COMEX:GC1!
by oualidskh
GC signs of a trend changeWith an increasing trend since 18 June, now we have signs of a decreasing one. With the high level of volume, GC will go down. This prediction is for an intraday trading. It seems that each GC is trying to break the previous zone of GC it goes back to it. If we take a look at GC in daily, we will find that the volumes are stable since April, so to go out of this zone, we need a higher level of volume. PS: If it goes down and break the current trend support, it ùeans we have a deep decreasing new trend The advice about GC : It's time to sell now and take profit.
COMEX:GC1!Short
by oualidskh