Wednesday, January 28, 2015

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

Gold 6JJBar
Gold has caught a bit of a fake-break low and is now bouncing higher to formed resistance.

I am looking to sell resistance at 1289.0, 1291.4, 1292.9, and 1295.3 and push prices lower again.

The first target will be in the middle at 1286.4 with the final target lower at 1282.7.

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