Tuesday, August 12, 2014

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

Gold 6JJBar
Gold has been quite bullish overall this week and has now formed a fake-break high.

I am looking for price to pullback a bit to buy from 1315.1 and 1313.5 back up to the highs once again.

The first target will be in the middle at the cloud from 1316.7-1316.9 with the final target at the high of 1319.3.

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