Monday, July 7, 2014

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

Gold 6JJBar
Gold has been progressively making new lows over and over again and we are now back into a 123 reversal back to new lows.

I am waiting for price to move up to sell from 1316.3-1317.5 which also has the BMT right in the middle for added resistance.

The first target will be back to the originating lows at 1312.1 with the final projection target lower at 1308.8.

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