August 21, 2014

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

Gold 6JJBar

Gold has pushed down into a new low once again and into an 11th wave short.

I am looking to sell the Last Chance WAVE from 1281.9-1284.1 back to new lows.

The first target will be at the lows of 1275.2 with the final projection target lower at 1271.3.

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