Gold – inflection points for Apr. 20, 2017

Yesterday’s trades

Sell: $1301.50-$1298.50
Keyline: $1287.50-$1288.50
Buy: $1278.00-$1279.50

.The gold trade yesterday was pretty straightforward for overnight traders.

The price reached Nat’s keyline just before the start of the day session and moved straight don to her buy level, and a bit beyond.

That move was worth about $900 per contract for those who caught the full move.

Subscribers to the trade room had an added bonus: the market moved between the sell level and intraday resistance around $1284.50.

Traders who recognized the pattern quickly enough could earn a potential profit of about $400 per contract on each trip.

Today’s workbook