Monday, August 11, 2014

Gold Futures Day Trading Strategy; Buying support back to new highs

Gold 6JJBar
Gold has made a fake-break high before this last fall lower creating an area of support for us to buy.

I am looking to buy at 1308.0 as well as lower at 1305.4 to push price back up to test the highs again.

The first target will be at the BMT's as a safe first target around 1310.2 with the final target at 1315.0.

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