Wednesday, January 21, 2015

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

Gold 6JJBar
Gold has pushed lower into a new signal reset 123 reversal pattern off the BMT.

I am looking to sell the retrace back to 1288.0-1288.9 and drop prices right back down again.

The first target will be near the low at 1285.4 with the final target lower at 1282.7.

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