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TFC Commodity Trading Forum

Re: Gold
In Response To: Re: Gold ()

Since GCM3 wasn't able to move up to test 1439 S/R I'm reversing and short at $1414.50. Willing to give back what I made in the previous GC trade. Currently the "Switch is at 1439"

Some short term oscillators are already in oversold therefor, some zigzags are expected, then, in my opinion it will start moving down to test 1321. Failure there as support will target 1294 objective.

Will see what happens. -- As always, the market has the last word and in due time will show me the way.

GCM3 now trading at 1417.2

g