Thursday, August 14, 2014

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

Gold 6JJBar
Gold has pushed up into a new high and quickly failed giving us a fake-break high to work with.

I am looking to buy down at 1302.7 as well as lower at 1295.4 back up to the highs once again.

The first target will be structure in the middle of this range at 1310's with the final target at 1322.0.

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