February 24, 2016

Gold Futures Day Trading Strategy Review – Buying the KOD trap low

Gold 512V

Gold had a huge rally higher this morning which gave a shelf support area.

Price attempted to come back and break down through but only managed to form a KOD to go right back up again.

Overall this gave a move up for 10, 17, and 23 ticks back to the HOD targets!

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