Wednesday, August 3, 2016

Price Action Trading The Range Cycle On Gold Futures;

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!

Test-Drive our Advanced Membership  Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.