December 10, 2014

Gold Futures Day Trading Strategy; Buying support back to the highs

Gold 6JJBar

Gold has formed a nice fake-break high and has begun to drop lower to test it.

I am looking to buy this dip at 1228.7, 1226.9, 1225.7, and 1223.9 to push prices back up to the highs.

The first target will be at the BMT’s around 1231’s with the final target above at 1233.6.

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