Wednesday, July 9, 2014

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

Gold 6JJBar
Gold has attempted to push higher but was met with a bit of selling pressure pushing it lower into a 123 reversal off of the highs.

I am looking to sell from 1325.3-1326.0 as well as higher up from 1327.0-1328.3 to new lows once more.

The first target will be back towards the lows at 1323.1 with the final projection target lower at 1320.8.

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