Monday, July 18, 2011

Waiting for $GC_F to Give us a Signal


Gold here is giving us (2) trade entry's after the breakout. If the first entry (smaller time frame) fails to hold key reference area anticipate the Daily chart to setup only if the objective #1 is met to the upside. If objective #2 comes into play I will short into this level (note: how smaller time frame objective #2 stopped gold in it's tracks). I'm getting this out now because of the big moves that have been happening, objectives could be hit within the next session or two. Good Trading KraTrader

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