Gold markets pulled back a bit during trading on Monday to kick off the week, perhaps in an attempt to take advantage of strong profits had on Friday.
Gold markets rallied initially during the trading session overnight in fear of a global slowdown as Beijing released poor trade balance numbers, but as the Americans released a very bad jobs figure, gold suddenly found more money flowing into the market.
Gold markets fell a bit during the trading session on Thursday, reaching down towards the $1280 level before turning around to form a bit of a hammer.
Gold markets pulled back a bit during the trading session on Wednesday but continues to find support in the region that I have highlighted on the chart.
Gold markets pulled back a bit during the trading session on Tuesday but did find a bit of stability by the end of the day.
Gold markets gapped lower to kick off the trading session on Monday, as we continue to see selling pressure.
Gold markets got absolutely hammered during the day on Friday, breaking below the crucial $1300 level.
Gold markets initially rallied a bit during the trading session on Thursday but found enough resistance just below the highs of the previous session to roll over again, and now is sitting to test a major trendline
Gold markets fell during trading on Wednesday as Jerome Powell spoke in front of Congress.
Gold markets initially fell a bit during the trading session on Tuesday but continues to see buyers jumping in at roughly $1325.
Gold markets pulled back a little bit to kick off the week on Monday, testing support at the $1325 region.
Gold markets rallied a bit during the trading session on Friday, as we bounced from the significantly important $1325 level.
Gold markets got hammered on Thursday as the US dollar strengthened a bit, and of course we had hit major resistance.
Gold markets initially rallied during the trading session on Wednesday but found a significant amount of resistance of the $1350 level.
Gold markets rallied significantly during the trading session on Tuesday as Americans came back to work.