August 18, 2015

Gold Futures Day Trading Strategy Review – Selling the channel highs 2S back to new lows

Gold 512V

Gold has had a solid run lower this morning into a very sturdy bear channel down.

This gave price a chance to come back to the channel highs and sell right off with a 2S.

We were able to pull in a great 10, 14, and 26 ticks right back down to channel lows!

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