Monday, September 8, 2014

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

Gold 6JJBar
Gold has been dropping like a rock but formed a quick fake-break high on its descent.

I am looking to buy the lows of support at 1257.4 right back up to test the BMT's.

The first target will be up at 1262.1 with the final target above at the BMT's around 1265's.

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