GC1, Gold futures. Broken H&S

2016년 11월 20일

I believe Gold has broken a Head & Shoulders Pattern and we can see move bearish movement from here. This could also mean DXY ascension is not yet finished.

Not sure if it is worth to take any short position though... Notice there is a valid Cypher pattern and, if market decides to complete it, the price may fall to as low as 1125 area.

This movement does not cancel the bullish run and we should see Gold going to 1,400 area by next year

2016년 12월 14일

노트

Moving towards the target value

2016년 12월 16일

거래청산: 타겟 닿음

I enter a long position now although gold may go lower. Buying at current price, SL: 1069, TP: 1450

2017년 1월 11일

노트

Longs at breakeven. I think I will close it at 1250 as the alternative variant becomes more and more evident