August 27, 2015

Gold Futures Day Trading Strategy Review – Selling the breakdown of support on a 2S Delay

Gold 512V

Gold had a solid run lower which ended as a tiered channel lower where a bit of profit taking came in.

This profit taking gave a bull channel back to the highs which needed to break down on a 2S allowing us to get right back in.

We were able to pull out a solid move for 10, 21, and 25 ticks in profit on the way down!

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