GC has printed two explosive Weekly candles during Week 15 and Week 16. Although it’s been in an overbought condition for a while, we should not look at going short unless it gives an indication of the formation of a downtrend in the short or long term. Buying the dips into Daily or 240 minutes Buyer areas can still work as the shining metal continues to print new highs.
ROLLOVER OF FUTURES CONTRACTS WEEK 21