
Spent some time on GG chart tonight - thought I'd share my views - here is a snap shot of what I see. Feel free to comment or ask questions.
------
Short GG @ or near 34-36 - current price developments:
i)price approached(ing) upper boundary of positive price channel in green
ii)resistance @ price level of ~34-36 - price attempted tp break out of this resistance on 2 occasions circled in gold
iii)possible price retrace to lower boundary of positive price channel
STOP:
break of 36
Counter Trade:
Break of the ~36 resistance would warrant a long into a price of 42 short-term