March 13, 2013
- in Uncategorized by schooloftrade
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.
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.
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.