Tuesday, June 3, 2014

Gold Futures Day Trading Strategy; Selling the supplied highs back down

Gold 6JJBar
I am watching Gold push to a new high after a fake-break of the previous lows forming an area of resistance.

I am waiting for price to get into 1245.4-1247.4 to sell this market right back down to the lows.

The first target on the way down will be the previous swing at 1243.3 with the final target at the lows from 1240.8-1239.7.

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