June 20, 2014

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

Gold 6JJBar

Gold has caught a nice block of buying to push it higher once more to new highs and into a 456 continuation pattern.

I am waiting for price to pullback a bit so we can buy from 1316.5-1315.6 back to new highs once more.

The targets to the upside will be the initializing swing first at 1320.5 with the final projection target higher at 1325.4.

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