Gold Futures (GC) (January 3rd 2021 through January 10th 2021)
Low: $1,873
High: $1,933
Made this forecast for Cindicator, thought I would take the time to explain a little.
I believe we still have a bit of an uptrend left before we could retrace much lower, but I'm not 100% that my fibs are even set up right. Just watching and trying to learn more.
Related idea below has a longer term projection.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $1,873
High: $1,933
Made this forecast for Cindicator, thought I would take the time to explain a little.
I believe we still have a bit of an uptrend left before we could retrace much lower, but I'm not 100% that my fibs are even set up right. Just watching and trying to learn more.
Related idea below has a longer term projection.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
