Thursday, July 23, 2015

Gold Futures Day Trading Strategy Review - Selling the channel highs on a 3S

Gold 512V
Gold had a very strong down trend channel working all morning that continued to see selling pressure.

This gave us a channel test into a 3S off the highs on a gorgeous candle to ride the move back down once again.

Overall we pulled out a nice run for 10, 16, and 44 ticks back to channel lows for the test!

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