Wednesday, January 14, 2015

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

Gold 6JJBar
Gold has had a cross lower into a 456 continuation pattern short and is now floating in the Last Chance WAVE Trigger Zone.

I am looking to sell from 1240.9-1242.4 to push prices right back down to the lows again.

The first target will be near the low at 1236.1 with the final target lower at 1233.2.

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