September 8, 2016
- in Uncategorized by schooloftrade
Market Psychology Of The Gold Futures Bear Range; SchoolOfTrade.com
Coming in today to find the Gold Futures with a very nice gap higher of which was met with snap selling right from the start of the day. The first candle showed us that buyers may have tried but bears ultimately owned it and with the second candle proved their dominance.
This gives us a heavy bear bias overall until proven wrong and when the buyers attempted to shift the market into a full range with a bull move up to the highs, they failed immediately. This led us to believe that we may be in a range, but selling will have a huge bias on the movement overall.
===========================================================
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
