GOLD – SPOT: Selling Whilst Under Prior Bearish Pin Bar Signal
Price Action: Price moved lower from within the range of the Bearish Pin Bar Signal that had formed mid-last week (We suggested trading this signal in the August 11th members' daily newsletter).
Price moved briefly higher from the recent Multiple Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it at the time it formed).
Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under the Bearish Pin Bar Signal that had formed late last week.
Price Action: Price moved lower from within the range of the Bearish Pin Bar Signal that had formed mid-last week (We suggested trading this signal in the August 11th members' daily newsletter).
Price moved briefly higher from the recent Multiple Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it at the time it formed).
Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under the Bearish Pin Bar Signal that had formed late last week.