Gold GOLD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) COMEX:GC1! ScottBogatin 2.17.21 Gold: I started with the monthly chart because this timeframe had the most clarity for this market, and the 382 retracement which is confluent with the support area will likely be the target as the market moves allow lower and then accelerates towards that target. And then we went back to a daily chart and a four hour chart to look at some scalping patterns. There were actually three opportunities, however you don't need to take all those opportunities, and for a personality such as mine I'm never going to trade with that rapidity and trade as a stop and reverse trader. But it was interesting to note that there was no structural consideration, but rather a market trading to gaps in both directions, and if you are a fast trader and your comfortable trading in fast markets, there are lots of opportunities in one or two of them could produce a very profitable day. On a personal level I find stop and reverse trading tremendously difficult even when I know how to read the market, I just don't like. Never trade what you don't like.