March 13, 2013

Gold Chart Prep

Gold Day Trading
The anchor
chart on Gold Futures is trading at major support at the lows of the long-term
bearish price-channel, double-bottom, symmetry, and sideways-trading-range support
levels. 
Gold Day Trading
We have  TON of reasons to assume that price will
bounce higher this morning and if we can wait patiently we will get a chance to
SELL SHORT at the range from 1623.0 up to 1641.5.  All we need is to get the price-action to
move higher into our major resistance areas and then look for the entry signal
SHORT on the entry chart timeframe.

    schooloftrade

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