Gold

21 June 2016

Stopped out of the half-position at price, 1280

20 Jun – Buy 1289
21 Jun – Sell 1280

Loss = $9, $900 plus $15 commission per contract

While there is apparent overhead resistance, mentioned
in our last article, the downside reaction has been very
weak, so we went with the trade triggered by volume
and price activity.  To not follow it would presume
we knew what would happen after the signal.  That is
not the case.

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