August 12, 2013
- in Uncategorized by schooloftrade
Gold day trading strategy
Gold has tested the trigger-zone
overhead resistance at 1332.8 and has bounced off and moved lower this morning
on the anchor chart. We are trading
between the two trigger-zones above and below us. We have resistance at 1332.8 which will make
it hard for the buyers to succeed this morning, and we have support below us at
1319.9 and we can see there is a wide open space for the sellers to move price-action
lower.
overhead resistance at 1332.8 and has bounced off and moved lower this morning
on the anchor chart. We are trading
between the two trigger-zones above and below us. We have resistance at 1332.8 which will make
it hard for the buyers to succeed this morning, and we have support below us at
1319.9 and we can see there is a wide open space for the sellers to move price-action
lower.
