Thursday, October 16, 2014

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

Gold 6JJBar
Gold has failed a new low into a fake-break rejection back up to the highs.

I am looking to sell the resistance at 1244.6 right back down to fresh lows.

The first target will be the BMT's in the middle at 1240's with the final target below at 1235.2.

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