Friday, May 23, 2014

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

Gold 16JJBar
I am watching gold push above the BMT's and cloud where we are seeing a pullback now.

I am waiting for price to hit 1287.4-1282.9 so I can buy it right back up again on a double bottom WAVE Pattern.

The targets on this trade will have the first off at the initial highs at 1304.1 with the extended target way up at 1317.2!

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