Interpreting market movements in a whole new way
Comex Gold (otherwise known to traders and investors with the futures symbol simply as GC), has been finding resistance in the 1300 price area ever since the YTD highs made in April. This article analyzes the possibility that Gold has finally found a short-term bottom and is ready to launch. To present a case, I … Continue reading “Where are Gold Prices headed”
Read MoreAt TradeGuidance, we often analyze the markets with price levels while keeping volume in the back burner. While not discouting the importance of volume in the intraday price movements, it is important to recognize why markets move to specific levels and retrace and why they breakout higher or lower. The recogniztion of price levels by … Continue reading “Support & Resistance Levels for Trading on Monday July 2, 2018”
Read MoreTrading does not have to be a mystery if you will step outside of wanting to chase green or red bars on a set of charts intraday. If you trade in an informed fashion with the type of suggestions that are possible there will be no reason for you not to be able to run … Continue reading “Index futures trade suggestions from today”
Read MoreThe other day, we posted an article on the possible short-term rebound in the price of Gold. We faced the wrath of several naysayers who mocked our analysis. Well, Comex Gold did find a short-term bottom this past Thursday Globex session into Friday when we took long trades from 1240.1 and ran it nicely through … Continue reading “WTI Crude Technical Analysis”
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