July 14, 2014

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

Gold 16JJBar

Gold has been sinking lower from its highs and continuing to drop lower and lower.

I am waiting for price to retrace back to sell from 1313.3-1316.0 as well as selling 1319.7-1324.5.

The first target will be back at the lows of 1304.9 with the final projection target down at 1296.1.

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