January 22, 2015

Gold Futures Day Trading Strategy; Selling resistance back to the lows

Gold 6JJBar

Gold has had a fake-break low which quickly snapped higher and is now resting in formed resistance.

I am looking to sell here at 1300.6 and 1303.7 and drop prices right back down again.

The first target will be near middle at 1297.7 with the final target lower at 1292.7.

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