August 26, 2014

Gold Futures Day Trading Strategy; Selling the WAVE to new lows

Gold 6JJBar

Gold has caught a big reversal back to new lows and under the BMT’s for a 123 reversal.

I am looking for price to retrace back to sell from 1287.2-1288.0 back to new lows again.

The first target will be near the lows at 1284.4 with the final projection target at 1281.5.

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