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Gcshort

GC Future Analysis, It's under the VWAP!!GC Future is showing decreasing trend today. The pitchfork indicator shed light on the hallway that limit the trend of GC. Moreover, the price has broken the range of equilibrium with an important Candlestick chart (Break Point). Currently, the price evolution is under the VWAP indicator, so it seems the market is going down. However, we should pay attention to any trend’s change in case we have a break of the pitchfork hallway, or a VWAP break with high level of volume.
COMEX:GC1!Short
by oualidskh
GC - No Chance For Gold Anymore.Sounds dramatic? ...I think it is. Every commodity has it's price. But only the one that Humans are giving it. Why has Gold failed so many times to make new highs? Why did the Bank of Canada sold (most or now all?) its Gold in 2016? Yes, I know, we don't trade on fundamentals, but pure price and Action/Reaction. However, sometimes fundamental facts have their merit. Away from the fundamentals and on to the real "meat": The white up sloping Fork projects the most probable path of price. Even the Centerline was hit a couple times, without any clear indication to close or even stay above the balance. Instead price dropped, gone sideways and then it happened...the L-MLH (Lower-Medianline-Parallel) was broken. A simple break by itself is no intention to proceed the journey to the South. But when the L-MLH was tested a couple times, then the time is ripe to bring the wounded booty down to the ground. Like a predator is hunting as economically as possible, saving energy and looking for signs for high probability success, we as Forkers are sitting patient...until the time has come, which is now. Real Forkers are now short this market and stalk the booty until it's out of energy and ready for the final hit... Let's have a feast at the Centerline... §8-) P!
COMEX:GC1!
by Tr8dingN3rd