GC one hour push, looking for next entry

21 thg 4, 2021

GC one hour time frame is just under the current one hour Fibonacci extension. The market normally pulls back bearish after a Fibonacci extension is hit. After the market pulls back, the research shows as long as the market stays in the buy zone, looking for a counter trend line break entry at a low price in the buy zone is a good idea. The research shows the market should push bullish towards the Daily Fibonacci Extension price point 1810.00 about +150 Ticks above the current market price of this post.