Gold Trading Strategy Tutorial ? Trading The Reversal After Data
A 30 minute gold futures trading opportunity condensed into 5 minutes – The New York Gold Pit Open is at 8.20am EST, then on Thursday’s we get Employment data 10 minutes later. The xBrat Range Breakout defines the gold pit opening range, then just watch the explosive reversal when data comes out! The initial price action after the gold pit open takes us down and out of the opening range and then we should be ready for a data reversal with entry 1 tick above the opening range.
The xBrat Range Breakout Trading Indicator is available for many different trading platforms HERE ⏩