December 9, 2014

Gold Futures Day Trading Strategy; Selling the late WAVE back to the lows

Gold 6JJBar

Gold has pushed lower after the buyers failed to come in and is now sitting at a 123 reversal lower.

I am looking to sell this retracement from 1230.8-1231.2 to push prices back to the lows.

The first target will be near the lows at 1229.4 with the final target above at 1228.0.

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