Gold – inflection points for Jan. 19, 2017

Yesterday’s trades

Gold futures, Jan. 18, 2017. 60-minute bars.

A reasonably stress-free trade for gold traders yesterday.

The price touched Nat’s keyline twice on the overnight market, providing lots of opportunities to get in, then marched straight down to her Buy level, offering lots of opportunity to get out.

A nice move, worth about $1,400 per contract to anyone who got it all.

 

Daily workbook

Download link: (170119-daily-trading-worksheet-GOLD.pdf, 145KB)