Gold – inflection points for Jan. 25, 2017

Yesterday’s trades

Gold futures, Jan, 24, 2017. 60-minute bars.

Another easy trade. The gold futures spiked to Nat’s Key line early in the day session and dropped to just a few ticks above her Buy level.

Some traders in the real-time room caught that low. Overnight swing traders got out with a market-at-close order, for a gain of about $370 per contract.

Yesterday’s calls:
Keyline = $1214.50; close = $1210.80

 

 

Daily workbook

Download link: (170125-daily-trading-worksheet-GOLD.pdf, 143KB)