Previous trade
There was a profitable trade in gold over the Thursday-Friday sessions but most overnight traders likely took a loss.
The price rallied to Nat’s key line and beyond, and the most promising overnight trade wa to go long at the key line.
That trade got stopped out for a loss. The price then rallied and moved back through Nat’s key line and spiked up to her sell level.
Traders monitoring the trade room should have caught that move for a profit of about $610 for the full move, an indication of the advantage they get from intra-day updates.
Daily workbook
[gview file=”https://www.naturus.com/wp-content/uploads/2017/01/170123-daily-trading-worksheet-GOLD.pdf”]