September 4, 2014

Gold Futures Day Trading Strategy; Selling resistance back to new lows

Gold 6JJBar

Gold has dropped into a fake-break low and is now looking to rise a bit higher.

I am looking for price to retrace back to sell from 1272.5-1274.1 right back to the lows again.

The first target will be at structure around 1270.9 with the final target lower at 1268.3.

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