Gold future analysis (July)

[wallstreettrade]

From the weekly chart, im expecting the gold future continue trading within the range @ $1532.7 - $1791.1. Anyway below $1550 is a good spot to enter with the risk locate at the bottom of the range, adjust the entry price with regard to your risk tolerance. My target is the resistance level @ $1631.6 or the declining 200 SMA on the daily chart.

More detailed analysis can be found here:

J.C @ Trevor Bain