Tuesday, September 2, 2014

Gold Futures Day Trading Strategy; Selling resistance back to new lows

Gold 6JJBar
Gold dropped lower into a fake-break low and is now failing back higher now.

I am waiting for price to rise higher to sell at 1268.3 as well as 1270.3 back to new lows.

The first target will be structure in the middle of the move at 1266.3 with the final target at 1263.1.

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