Monday, May 11, 2015

Gold Futures Day Trading Strategy; Buying the trap low of range back to test highs

Gold 512V
Gold has had a beauty of a move higher and we are now in a small range near the highs.

I am looking to buy the fake-break of the lows to push prices back up to attempt the highs.

The first target will come off at range high of 1190.1 with the final target at channel highs.

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