Gold

Tuesday  30 July 2013

Stopped out at price, 1326

30 Jul – Buy 1324.5
31 Jul – Sell 1326.0

Gain = 150 tics, $150 less $15 commission per contract

We have been working with small change in the past few
trades, but since the 24 July breakout rally, price has been
consolidating within a TR, and we are not wiling to give
back earlier gains.

There is ample reason not to trust the paper market unless
there is a clear edge.

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