Wednesday, May 21, 2014

Gold Futures Day Trading Strategy; Selling the supplied highs

Gold 8JJ Bar
I am watching Gold Futures push lower and lower but we are having a bit of trouble at these current lows.

I am waiting for price to get up to 1297.5 and 1301.8 to sell it right back down to the lows again.

On the fall back down from our entry, I will be targeting the BMT first at 1291.4 with the overall target back at the lows of 1287.3-1284.8.

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