Market Analysis – 12.04.2013

By December 4, 2013Analysis

Chart of the Day: Gold D1 Chart

Gold ripped up with an impressive bullish engulfing bar. The price rise was stopped at prior support which has now turned to resistance. We talk in-depth about this type of change in support and resistance levels in the Forex Market Master Price Action Strategies Trading Course and Community Forum. We are going to hang tight and see what the next move is for Gold.

gold-d1-12042013

In The News:

Gold Posts Biggest Gain in Seven Weeks (Bloomberg)

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