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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.