Monday, May 19, 2014

Gold Futures Day Trading Strategy; Buying the profit taking dip

Gold 8JJ Bar
I am watching Gold drop a bit from the highs with a profit taking rally on a nice rise higher.

I am waiting for price to dip back to 1296.0 and 1292.4 to buy it right back up to the highs again.

I will be targeting the initial swing first at 1303.0 as well as the overall highs back at 1303.8 - 1305.6.

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