Gold markets as you can see went back and forth during the course of the session on Tuesday, but showed of an upward strength to make us think that the
Gold markets as you can see went back and forth during the course of the session on Tuesday, but showed of an upward strength to make us think that the market may go a bit higher given enough time. However, there seems to be a lot of confusion in this marketplace we feel it’s probably best to simply wait for rallies that you can sell. We do not think that any rally is going to last for any real length of time, so at that point in time we would simply wait for our opportunity to go short yet 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.