GC: One hour bullish target +1,128 ticks aboveGold FuturesCOMEX:GC1!JoshuaMartinezThe GC one hour time frame broke the downtrend line and entered into the buy zone. The market has an up Fibonacci with an extension price point 5063.4 about +2,600 ticks above the market. The daily time frame has an up sub fibonacci with an extension price point 4910.6 about +1,128 ticks above the market. As long as the market staying in the buy zone. It will be a good idea to look for long ideas towards the up sub fibonacci extension. Entry: Counter trend line break bullish in the buy zone (Ideally at 4585.7 or better) STOP: 4282.9 LIMIT: 4910.6 Another Entry Idea: If the risk is too large off the one hour time frame. It will be a good idea to turn to the five minute time frame and look for long ideas with less risk.