Tuesday, October 7, 2014

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

Gold 6JJBar
Gold has dropped lower but quickly rejected forming a fake-break low forming resistance above.

I am looking to sell at 1212.2 and 1214.0 right back down to new lows.

The first target will be structure in the middle at 1210.0 with the final target at 1207.7.

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