December 3, 2015

Gold Futures Day Trading Strategy Review — Buying the FBL of the bull channel

Gold 512V

Gold had a large bull major channel rising with price all morning which gave an attempt to break.

This attempt to break came in the form of a huge FBL which turned right around into huge buying pressure.

Overall this gave a move back up for 10, 24, and 60 ticks to midline resistance!

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