Tuesday, July 8, 2014

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

Gold 6JJBar
Gold has fallen down from a fake-break high but collapsed a bit farther below support into a new larger WAVE to new lows.

I am waiting for price to rise a bit higher for us to sell at the crosshair of 1320.4-1321.7 back down to new lows once more.

The first target will be at the lows of 1316.4 with the final projection target lower at 1312.2.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this one! Then you can follow along with us as we take this trade LIVE in the room!

Want to see us trade LIVE?  Click here to register for the Free Trial!
Automated Trading Strategy; Let the Computer do the trading
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.