Tuesday, July 15, 2014

Gold Futures Day Trading Strategy; Selling the WAVE to a new low

Gold 12JJBar
Gold has been catching quite the aggressive sell off from the highs in this continued downtrend.

I am looking for price to retrace back to sell from 1303.6 - 1306.1 back down to a new low.

The first target will be at the lows around 1295.3 with the final projection target farther down at 1286.8.

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