Gold – inflection points for Feb. 7, 2017

Monday’s trades

Gold futures, Feb. 6, 2017. 30-minute bars.

Sell level: 1236.50-1238.50
Keyline: 1224.50-1225.50
Buy Level: 1208.50-1210.50

The best trade of the session, and relatively easy to make.

The price stalled overnight right around Nat’s Keyline.

Shortly before the day session it woke up and moved steadily up to her Sell level.

There was virtually no drawdown attached to the trade, lots of time to get filled both in and out, and the profit was about $1100 per contract. The kind of trade that keeps you coming back.

Today’s workbook

Download link: (170207daily-trading-worksheet-Gold.pdf, 144KB)