October 5, 2012
- in Uncategorized by schooloftrade
Gold Futures: Bearish Channel provides us with a selling opportunity
GOLD FUTURES: we found an advanced price structure on the GC 12-12 and this Bearish Channel provides us with a selling opportunity up at 1790..5 If we move higher we will look for fake out breakout first and then look to get long. if the buyers fail at this 1790.5 we will sell short with a final target at the LOWS of this bearish channel.
