June gold futures are testing the monthly S1 pivot point this a.m.. The high this month was the monthly Pivot. Also possible double bottom on MS1. If Ms1 breaks then look for support on Demarks monthly low pivot at $1600.
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1) Protect your capital 2) see rule #1 3) don't trade what you think, just trade what the charts say 4) use stops on all orders 5) never let a winner turn into a loser 6) never buy R2 7) never short S2 8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!