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Gold Futures Trading Sideways; Telling us to sell the highs and buy the lows
Gold futures trading sideways after we bought the wedge lows at 800am EST this morning. We’ve been watching the market personality change every since we took our first trade and now we can easily see the sideways trading range with the FLAT trigger lines, and price action in the middle. We want to sell the range highs first trading INSIDE the range at resistance, and then with new higher-highs above the 1633.9 we will first look for the fake-out breakout and then we will buy pullbacks with new higher-highs using a Wave pattern to buy.