Thursday, July 24, 2014

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

Gold 6JJBar
Gold has been dropping lower and lower with a ton of strength from the sellers where we have now seen an ABCD to a WAVE Short.

I am waiting for price to pull into 1291.5-1292.4 to sell right back down to a new low once again.

The first target will be back at the lows of 1288.5 first with the final target projection lower at 1285.3.

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