Gold markets sold off with a momentum pushing through to lower levels. Gold market slid today when momentum grabbed on the sell side. The bid kept disappearing in the trading day pulling the market sells lower and lower. As mentioned earlier if price can’t break this lower high I was looking for a move down…
Buy Gold – using NUGT JNUG day trading entry on a swing position Buy Gold before Federal Reserve meeting. I wanted to pick up a swing trade in gold with out having to go into a futures contract to lower my exposure on this trade so I picked NUGT. This is the trade on NUGT…
Gold trading plan – hitting resistance and small reversal. Gold trading, at these price levels we are testing the resistance of the major, multi year bearish trend line. Gold has challenged the trend line a third time ($1357) and has pulled back to $1339. The next step down would be the support at 1322 that…
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