The gold markets initially rallied during the day on Thursday, but turned right back around to form a bit of a shooting star. It looks as if the gold
The gold markets initially rallied during the day on Thursday, but turned right back around to form a bit of a shooting star. It looks as if the gold market is going to roll over a little bit but there is so much in the way of support below that we could very well find a supportive candle that is viable. With this, I’m waiting to see whether or not we get that candle, or a break above the top of the shooting star from the Thursday session in order to start buying again.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
