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OffTheFloorTrader
Sep 11, 2014 1:14 PM

We'll take the chicken to go... 

Gold FuturesCOMEX

Description

Winner winner Chicken dinner! GC1! hit our last target and we are flat. We are still interested in gold but will wait to see if we get any bounces to establish a new position (smaller). If the "go or no go" area fails to hold we will most likely see more downside.

Go back and look at our recent GC1! charts and see how this set up and how we managed it. Not all trades work to final targets but this did and it is a good lesson.
Comments
manijeh.kazemi.33
thanks for this post
Smarttrade1st
long
OffTheFloorTrader
No long. We covered our shorts at this level. Check out the other posts to see how it played out. If you are long, congrats...trim and trail.
Smarttrade1st
will bounce back tomorrow? ( I hope)
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