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August 12, 2015

Gold Futures Day Trading Strategy Review – Buying the 2L off channel lows back up to a new HOD

Gold 512V

Gold had a very nice run higher after the rotation off the lows back up to a strong bull minor channel.

This gave a pullback to channel lows for a 2L right back up again to reclaim the highs.

We were able to pull in a solid run for 10, 18, and 40 ticks on the final portion back to channel highs!

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