Tuesday, February 17, 2015

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

Gold 6JJBar
Gold formed a fake-break on the lows and is now rising to test resistance.

I am looking to sell 1208.2, 1210.0, 1211.2, and 1213.0 and push prices lower once again.

The first target will be near the middle at 1206.7 with the final target lower at 1203.3.

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