Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: GC Q2
In Response To: GC Q2 ()

GC moved nicely to and above 1618 but failed to find support at 1623. 1623 is 78% retrace from previous down swing in the daily. Right now GC is moving towards small support base established overnight at 1609 finding support here will give an other chance to the previously posted objectives. Please keep in mind that to get to 1735 my take about 2 months maybe a little less, there for there will be zig-zags along the way.
1582 is still the voiding S/R for the above objective.

GC Q2 now trading 1616.0 + 10.4 from previous post.

Just an opinion here. The market has the last word and in due time will show us the way.

g