Monday, January 12, 2015

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

Gold 6JJBar
Gold formed a fake-break low which has held and we are now resting in formed resistance.

I am looking to sell at 1225.1, 1228.0, 1229.8, and 1232.7 to push prices back lower again.

The first target will be in the middle at 1223.9 with the final target lower at 1217.5.

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