Tuesday, October 20, 2015

Gold Futures Day Trading Strategy Review - Selling channel highs 2S to new lows

Gold 512V
Gold had a nice profit taking reversal off the highs for a bear trend lower and channel resistance.

This gave a 2S right off of channel highs to slap price down to new lows for continued selling.

Overall this move gave a push down for 10, 16, and 35 ticks to new lows on the move!

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