Tuesday, May 13, 2014

Gold Futures Day Trading Strategy; Buying the dips back to the highs

Gold 16JJ Bar
I am watching Gold Futures push higher above the BMT's into a 123 reversal back to the upside.

I am looking to buy the dip down to 1291.2 as well as the low under that at 1287.9.

When we push back up I will be targeting the overall swing first at 1304.5 but also anticipating a push above that high to fresh highs.

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