Gold markets fell during the session on Monday, completely retracing the gains from Friday. With that being the case, we feel that the market could very
Gold markets fell during the session on Monday, completely retracing the gains from Friday. With that being the case, we feel that the market could very well pullback from here but we also recognize that there are more than enough buyers below in order to continue to push this market higher. However, at this point in time we recognize that any trade will be of the shorter-term variety at best. Ultimately, we prefer to play the gold market via options, as at least we can mitigate our risk as the markets are so volatile in general.
Gold Prices September 22, 2015, Technical Analysis
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.
