Gold – inflection points for Jan. 16-17, 2017

Note: US markets are closed Monday Jan. 16.

Yesterday’s trades

Gold futures Jan. 13, 2017. 60-minute bars.

The best trade of the week by a wide margin. The price reached Nat’s keyline pre-market and early in the day session, then dropped straight to her buy level.

Then it turned around and marched right back to the keyline for the close.

Each leg was worth roughly $900 per contract. Overnight traders should have caught at least one. Those monitoring in real time should have caught both.

The kind of day that keeps you coming back for more.

Daily workbook

Download link: (170116-daily-trading-worksheet-GOLD.pdf, 143KB)