Looking at GC on the 4 hour TF, we see it consolidating in a small rising wedge. If price wants to continue higher, I will be looking for price to drop back down to the $3980s level and then move higher breaking out of the wedge. If price wants to continue lower, I will be looking for price to make its way up to the 38.2% Fibonacci level marked on the chart, around $4090s, before breaking back down and creating another leg down in its recent downtrend.
What are your thoughts on GC?
What are your thoughts on GC?
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