Yesterday’s trades
GC J17, Mar. 27, 2017. 30-minute bars.
Sell: $1262.50-$1264.50
Keyline: $1251.50-$1254.50
Buy: $1235.50-$1236.50
The gold futures stayed in a restricted range between Nat’s sell level and her Keyline in overnight trading, but dropped into the price range she identified as a key area later in the day session.
However there was no clear entry level for overnight traders and the bounce from the key area was very small.
Subscribers to the live trade room may have been tempted to get short after the initial morning price spike, and that was the only decent swng movement during the day.
But it required some finesse to get the entry, and most traders left this market alone yesterday.