GCQ09 – Comex August Gold (Last:912.10)

Price has found support at the ____ level and is currently trying to move higher on the daily chart. If that level is broken you would be looking for ___ and then ___ as price objectives. For price to make a move higher on the daily chart price would have to go through ___ and then you could look for the 966 level. The price on the 15 minuter chart reached the ___ price objective noted in the chat room during the day. The ___ level indicated in yeaterday's post was hit early. Each price objective first acts as resistance and then acts as support. When a price objective is reached you should look at your indicators and see if it is telling you that the move is over. If so, exit the trade and look for the next trade. Right now there is downside pressure being applied to this chart and the price objective for the down move is ___. Look for some support at the ___ level. ...

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