Wednesday, August 20, 2014

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

Gold 6JJBar
Gold has pushed down into a new low and falling lower into a reversal WAVE short.

I am looking for price to retrace back to sell from 1295.8-1296.4 back to new lows.

The first target will be near the low at 1294.0 with the final target at the low of 1292.1.

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