October 27, 2015

Gold Futures Day Trading Strategy Review – Buying the wedge breakout 2L

Gold 512V

Gold had a strong press down which led into a wedge that the sellers just could not break down from.

This gave a 2L inside of the wedge ahead of the breakout to push price right back up again.

Overall this gave a move lower for 10, 28, and 42 ticks back to the highs!

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