Miss The Reversal? Next Best Entries Are Here!

Gold Futures (GC):

Gold Keys to Success:

  • Watching rollover to the 08-21 contract
  • We spent most of the day inside a range but something spooked the buyers and price ran higher to the 1900 level
  • Buyers have all the momentum, but this move appears to be a breakout, so buyers need to be careful buying until they can see this area hold with a range.
  • Sellers will be looking for ways to short these highs using failures going back to the range.

Best Trades for Tomorrow:

  • [UP] – buyer failure to sell at MM (or) 2-try trap to buy
  • [DOWN] – seller failure to buy (or) 123-Reversal to sell
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