September 10, 2014

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

Gold 6JJBar

Gold rejected the BMT highs and has fallen into a new low for us to sell.

I am looking to sell from 1249.8-1250.3 as well as higher at 1251.0-1251.5 back to new lows.

The first target will be near the lows at 1248.2 with the final projection at 1246.6.

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