Today’s Trendline in Gold

Gold futures

GOLD BARS

When gold futures are this volatile, it works well to look for a trendline developing like on today’s 2min chart of gold futures. That way, if it pops the line, you have a better chance of follow through. We also like to see the trendline be at least the number of bars as the instrument’s inherent Gann cycle, and be touched a couple times first.

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