Wednesday, January 7, 2015

Gold Futures Day Trading Strategy; Buying support back to the highs

Gold 6JJBar
Gold has pushed back up again but is forming a fake-break high and starting to fall off a bit.

I am looking to buy a dip to 1211.6 and 1209.5 to prop prices right back up again.

The first target will be in the middle at 1213.7 with the final target above at 1216.9.

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