Wednesday, November 19, 2014

Gold Futures Day Trading Strategy; Selling the WAVE to new lows

Gold 6JJBar
Gold has had a strong drop lower into a 5th WAVE as it aggressively falls to new lows.

I am looking to sell a retrace back to 1194.5-1195.4 to push prices back down once again.

The first target will be near the current low at 1191.4 with the final target at 1188.4.

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