May 12, 2014

Gold Futures Day Trading Strategy; buying the quick dip back to highs

Gold 8JJ Bar

I am watching Gold fall from the quick snapped highs back down to the cloud and reversal zones.

I am waiting for price to come back to 1296.9 and 1295.1 to buy this market back up again.

On the way up, I am looking to target the previous swing first at 1301.3 as well as the overall highs back at 1304.5.

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