Thursday, June 4, 2015

Gold Futures Day Trading Strategy Review - Selling the midline 2S back for a low-test

Gold 512V
Gold has had a slightly lazy bear channel working lower with a ton of resistance at the midline.

We had a snap back to the midline with a 2S off a VERY weak candle high for an easy sell setup.

This gave us 10, 15, and 23 ticks back to the downside for a channel test once again!

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