Gold (Contiuous contract) .... Resistance in the 1750-1762 area

11 มิ.ย. 2020

A Bullish Bat Pattern ending in late May provided a $75 run. (Point D).

This reversed and on June 5th began a second run.

I have added 2 Pitchforks on the last swing points which converge and provide resistance in the 1750 to 1762 area.

A 100% and 113% extention area also provide areas of resistance. DE overlayed starting at point F.

For that reason I believe that Gold will have problems at the aforementioned levels.

S.

13 มิ.ย. 2020

บันทึก

Ideal Target added