August 6, 2014

Gold Futures Day Trading Strategy; Buying the WAVE to new highs

Gold 6JJBar

Gold is pushing higher and higher and is now on its 12th wave up with all of this buying pressure.

I am looking for price to pullback to buy again from 1309.1-1308.7 as well as at 1308.0-1307.2.

The first target will be back at the highs of 1310.5 with the final target above at 1312.0.

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