Thursday, July 31, 2014

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

Gold 6JJBar
The Gold market has been VERY sloppy today with a firm drop lower after 830am EST news came out.

I am looking for price to retrace back to sell from 1290.9-1292.4 right back to the lows again.

The first target will be back at the lows of 1286.1 with the final target lower at 1281.2.

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