Thursday, June 12, 2014

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

Gold 6JJBar
I am watching Gold continue to push new highs and after it had a signal reset it pushed back up again for a 123 reversal pattern.

I am waiting for price to come back to test 1269.5-1268.3 to buy it right back up to the highs. I will also be interested in 1266.6 to buy higher.

The first target will be the initial swing at 1274.5 with the final projection target at the highs at 1280.7.

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