Friday, July 11, 2014

Gold Futures Day Trading Strategy; Selling resistance back to a new low

Gold 6JJBar
Gold is moving back to a new low but failed to really push giving us a fake-break low.

I am waiting for price to push higher to sell at 1344.0 and 1347.6 right back down again to a new low.

The first target will be the previous structure sitting at 1340.4 with the final target back to the low of 1334.6.

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