Gold markets broke higher during the course of the session on Friday, but found a bit of trouble at the $1140 level. With that, the market pullback
Gold markets broke higher during the course of the session on Friday, but found a bit of trouble at the $1140 level. With that, the market pullback slightly, but at the end of the day we think there is enough support near the $1120 level to keep the market somewhat afloat. With this, we are buyers on short-term supportive candles, but recognize that the market will probably struggle to get above the $1150 level for any real length of time. Regardless what happens, the one thing you can probably count on is volatility.
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.
