January 11, 2016

Gold Futures Day Trading Strategy Review – Selling the 1CT 2S to new lows

Gold 512V

Gold had a lazy bear channel working lower with price which held price quite nicely.

We had a high move into the highs for a 1CT 2S to knock price right back down again.

Overall this gave a move down for 10, 25, and 49 ticks back to channel low targets!

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