Monday, December 8, 2014

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

Gold 6JJBar
Gold has dropped lower into a 456 continuation WAVE Patter short back to the lows.

I am looking to sell this retrace back to 1195.0-1195.8 to push prices back down into new lows.

The first target will be near the low at 1192.4 with the final target lower at 1189.8.

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