February 10, 2015

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

Gold 6JJBar

Gold has caught a nice move lower into a solid 123 reversal WAVE Pattern Short.

I am looking to sell prices on a retrace to 1236.0-1237.0 and push prices back down.

The first target will be near the low at 1233.0 with the final target lower at 1230.0.

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