Wednesday, May 6, 2015

Gold Futures Day Trading Strategy; Buying the range lows back to new highs

Gold 512 Tick
Gold has been consolidated and range bound all morning and we are now coming off the lows of this range.

I am looking to buy down here for a push back up to attempt the highs at 1196.5.

The first target will come off at previous support turned resistance at 1191.7 with the final target off at the range highs of 1196.5.

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