Tuesday, January 19, 2016

Gold Futures Day Trading Strategy Review - Selling the BOPB 2S breakdown to new lows

Gold 512V
Gold had a nice run lower off the highs with large bear resistance holding price down.

This gave a BOPB 2S with aggressive selling tone to it for a breakdown with sellers looking for more movement.

Overall this gave a move down for 10, 16, and 35 ticks to channel low targets!

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