Gold markets initially tried to rally again during the day on Tuesday but failed at the downtrend line that I have drawn on the chart.
Gold markets took off to the upside on Monday, slicing through the previous neckline that had people looking for a head and shoulders pattern.
Gold markets tried to rally during the day on Friday, reaching towards the 200 day EMA before showing signs of exhaustion again.
Gold markets rallied initially during the trading session on Thursday but continue to show signs of exhaustion near the $1290 level.
The Gold markets rallied a bit during the trading session on Wednesday but found resistance at the 50 day EMA as we have seen before,
The Gold markets continue to test the neck line of the previous head and shoulders pattern, suggesting that the market still isn’t convinced of the overall negativity.
Gold markets rallied a bit during the trading session early on Monday, as we have seen a lot of order flow.
The Gold markets rallied rather significantly during the trading session on Friday as we trying to fill the gap from the beginning of the Thursday session.
Gold markets broke down significantly during the day on Thursday, gapping lower to kick off the session.
Gold markets fell during the trading session on Wednesday, reaching down towards the 200 day EMA
Gold markets have rallied a bit during the trading session on Tuesday, reaching towards the $1290 level.
Gold markets broke down a bit during the trading session on Monday, after testing the neckline of a head and shoulders pattern.
Gold markets initially tried to rally during the trading session on Thursday but gave back the gains to turn around
Gold markets went back and forth during the trading session on Tuesday to show quite a bit of volatility at the crucial support levels that we have been dancing around.
Gold markets tried to rally initially during the trading session on Monday but gave back the gains to form a shooting star.
