oualidskh

GC Future Analysis, It's under the VWAP!!

Short
oualidskh Updated   
COMEX:GC1!   Gold Futures
GC Future is showing decreasing trend today. The pitchfork indicator shed light on the hallway that limit the trend of GC.
Moreover, the price has broken the range of equilibrium with an important Candlestick chart (Break Point).
Currently, the price evolution is under the VWAP indicator, so it seems the market is going down.
However, we should pay attention to any trend’s change in case we have a break of the pitchfork hallway, or a VWAP break with high level of volume.
Comment:
As i mentioned before, we should ây attention to any break of the pitchfork hallway, which just happened.
Comment:
and here is another break of the VWAP
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