Re: Gold

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Re: Gold

In Response To: Re: Gold ()

Yesterday GCM3 hit 1384 and as low as 1368 before bouncing back. Today GC tested 1387 as resistance and now is moving back down. So far the objective 1321 is on and right on time. GCM3 currently trading at 1380 with next S/R at 1363. When GCM3 move below 1363 could be on a free fall till 1335 bc there are no S/Rs in between. There's plenty of time for GCM3 to print 1321 so lots of zig-zags between now and then.

I will be wrong if GCM3 was to move above "the switch1398" and the downside objective 1321 will be void.

GCM3 now trading 1377.10

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

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