Monday, February 9, 2015

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

Gold 6JJBar
Gold has fallen into a fake-break low and is popping higher into formed resistance.

I am looking to sell at 1243.9 and 1247.0 to drop the prices back lower to new lows.

The first target will be in the middle at 1239.9 with the final target lower at 1236.0.

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