quantguy

Top Trading Ideas for Gold

COMEX:GC1!   Contrats à terme sur Or
You may find some good trading opportunities today. Since mid May, gold has been ranging, after a huge rally beginning mid March. It is holding strong to a POC which coincides with a Fibonacci level at about 1737. It seems like this level will provide resistance at this point, so watch for gold to test the range and feel out 1723, another Fibonacci level. The Kovach Momentum indicators confirm the ranging.

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