Wednesday, August 3, 2016

Price Action Trading The Range Cycle On Gold Futures; SchoolOfTrade.com



We came in today to find Gold Futures cycling in a range and most recently failing out of the highs for a push lower by the sellers. This let us know to be selling high for a move lower where we can potentially buy back up again.

Overall, the sellers slammed the market down through the range low allowing a massive run down by the sellers where they firmly took control turning the range into a bear trend move down!


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