Wednesday, February 9, 2011

Gold Futures (GC) +5.80

Now that gold as broken out of  a down channel, this looks like a consolidation before the next move. I will be watching this very close for my next setup. Hope this helps

LONG @ 1366.70 Stop @ 1349.70
Moving stop to 1357.10 
Target one HIT @ 1370.90
Target two hit @ 1377.60
STOPPED OUT @ 1372.50

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