November 18, 2014

Price Action Channel Selling The Gold Futures; SchoolOfTrade.com

Selling the test of the channel highs this morning allowed us to bank a quick 58 ticks this morning on Gold!
In today’s video we see Gold forming a multi-tiered bear channel and failing at the highs.

This gave us an opportunity to sell this failure to bank a gorgeous $580 on only 2 contracts this morning!

Watch more videos on Day Trading with Price Channels HERE!


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Channels are one of my absolute favorite market structures because they are just so consistent! When you see them setting up and testing the highs of a down move, it sure is hard to stay away!

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