Re: Gold

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Re: Gold

In Response To: Re: Gold ()

It could be. Since I don't have a problem looking at other posted charts here, I saw Trades Gold chart and it has a daily resistance trend line crossing at about 1598. I forgot to place that trend line in my chart. What I'm trying to say here is that, GC is moving up to test that daily trend line, then a move back down to 1576 support (shown in my posted chart) Notice that GCM3 is testing that 1576 tonight. -- For me, if below 1576, then I will stop looking for the outside objective 1639 and wait a bit. In other words, 1576 is "the switch".

GCM3 now trading 1577.8

Icd, TY for the observation!

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