Tuesday, June 24, 2014

Gold Futures Day Trading Strategy; Selling the WAVE to new lows

Gold 6JJBar
Gold has been selling off a bit with its failure to push higher now moving into a 456 continuation pattern back to the lows once more.

I am waiting for price to dig into 1320.8-1321.4 to sell back down to the lows once more for another push down.

The first target will be the initial lows sitting down at 1318.0 with the final projection target lower at 1314.6.

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