July 28, 2014

Gold Futures Day Trading Strategy; Selling resistance above back to a new low

Gold 6JJBar

Gold is having quite a bit of bullishness come in with quite a bit of strength after a fake break lower.

I am looking for price to continue higher to sell from 1313.7 as well as 1318.6 back to a new low.

The first target will need to be structure in the middle at 1309.4 with the final target back to the low of 1301.1.

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