Monday, October 20, 2014

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

Gold 6JJBar
Gold has failed to push up and is now forming a lower high to give us some support to work with.

I am looking to buy a dip down to 1240.5 as well as at 1236.3 and 1235.4 back up to the highs.

The first target will be the BMT in the middle at 1242.7 with the final target above at 1249.3.

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