Gold – inflection points for Feb. 20-21, 2017

Friday’s trades

GCJ17. Feb. 17, 2017. 30-minute bars.

Sell: $1255.60–$1257.10
Keyline: $1246.70-$1248.00
Buy: $1232.50-$1230.50

None of Nat’s price levels were touched in a slow trading session Friday ahead of the US holiday Monday.

The price stayed below her Keyline and never touched the buy level.

No trades for overnight traders; a reasonable and profitable short entry for subscribers monitoring real-time prices in the trade room.

 

Today’s workbook

US markets are closed Monday, but there will still be trading in the Globex system, probably with lighter-than-usual  volume.