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TFC Commodity Trading Forum

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

From previous post, GCM3 Failed to overcome Friday's high and continue to move down.
In my opinion GCM3 could be testing Friday's low 1419 within few hours, after some test if the test as support fails, the next support is at 1404 S/R on 5/15 5:00AM estimated time. Next support below that is 1384 S/R cluster on 5/19 6:00PM estimated time.

The objective is still 1321 and will be void if GCM3 moves up and above the switch at 1455.

GCM3 now trading 1428.7

Just an opinion here, the market always has the last word and in due time will show me the way.

g