Price Action Trend Trading with Gold

Price Action Trend Trading with Gold Summary: This article covers some important lessons and information about trading gold with price action as well as a good background on gold and what’s currently going on in that market.

It will then explore the price action setups and patterns which have been forming on the daily chart and how profitable these setups have been for traders.

Not all traders look at gold, but it is certainly time for you to start looking given the positive expectancy of the price action setups unfolding  in the recent past, we are in a “hot winning streak” so to speak, with plenty of setups producing significant gains on the upside.

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Gold is the universal currency.

In our current times of global economic uncertainty, savvy investors are bidding gold higher and higher, looking at a weekly gold chart it is readily apparent that this most precious of metals has been in a bull trend since around the middle of 2009, if not earlier.

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