November 4, 2014

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

Gold 6JJBar

Gold has broken the lows and is failing quickly back up into the range again.

I am looking to sell resistance above at 1171.9 and 1174.4 to drop prices back down again.

The first target will be the BMT’s in the middle at 1168.3 with the final target at 1165.4.

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