OffTheFloorTrader

Thar she goes. Goldilocks is off and running.

Short
COMEX:GC1!   Gold Futures
Goldilocks is off and running. Per our past posts we had been leaning long but we exited all positions because this coil was getting tighter. The bears won this battle and we are short. We are expecting a fairly large move so we will trim and trail on the way down. One key to successful trading is to push the trade as far as you can. It's hard to do but most take profits way to early and never see the full potential. If we get a quick reversal we will stop out and wait for another signal. Stay tuned

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