Gold and Silver sell signals trigger [Video]

Jason Sen DayTradeIdeas.co.uk

Gold break below the lower trend line of the recent triangle pattern was a short term sell signal targeting 4225 then 4205/01 and 4175/4165 for profit taking on shorts.

Gold hit all targets already today & it looks like we have the resumption of the recent bear trend... This is something I've been warning about for a long time... We just had to wait for the breakout of the triangle structure.

Patience pays!!

A Break below 4160 could be the next trigger for a sell signal in gold targeting 4140 and then 4120/4115.

Author

Jason Sen

DayTradeIdeas.co.uk

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens.

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