Wednesday, August 27, 2014

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

Gold 6JJBar
Gold has caught a bit of selling pressure dropping back down into a 456 continuation WAVE lower.

I am looking for price to retrace back to sell from 1285.3-1285.9 back to new lows.

The first target will be at 1283.0 with the final projection target below at 1280.7.

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