Wednesday, October 15, 2014

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

Gold 6JJBar
Gold has attempted to push lower but formed a fake-break low instead.

I am looking to sell a move higher at 1245.0 to drop price right back down to the lows.

The first target will be at the BMT's in the middle around 1239.3 with the final target at 1234.6.

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