Wednesday, August 13, 2014

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

Gold 6JJBar
Gold has formed a new fake-break high and is now falling a bit lower down again.

I am looking for price to pullback to buy at 1309.4 as well as at 1306.8 back to the highs.

The first target will be the BMT's in the middle at 1312.9 with the final target back to the highs at 1316.4.

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