Gold markets rallied a bit during the trading session on Friday, breaking above the top of the candlestick for the Thursday session.
Gold markets have gone back and forth during the trading session on Thursday, with a slightly negative twist.
During yesterday's trading session, gold prices fell sharply in light of the strong interest of investors to buy the US dollar after talks failed to approve more plans to stimulate the US economy.
Gold markets have broken down a bit during the trading session on Wednesday, breaking down below the $1900 level quite handily as the US dollar strengthened.
The flight from risk was ideal for the price of gold to move higher and reach $1911 an ounce at the time of writing.
Gold markets initially fell during the trading session on Tuesday but found enough buyers to turn around again.
For three trading sessions in a row, gold prices are moving in a limited range between $1892 and $1910 an ounce, where it is stable around at the time of writing.
Gold markets have done very little during the trading session on Monday, as we dance around the $1900 level yet again.
Despite the significant drop of the US dollar during last week’s trading, the price of gold could not benefit, except to move towards the $1932 an ounce.
Gold markets have gone back and forth during the trading session on Friday as we are looking for some type of direction
Gold markets have gone back and forth during the course of the month of October, and at this point it seems like the $1900 level should continue to be a bit of a magnet for price.
Gold markets fell during the trading session on Thursday, slicing through the $1900 level one point before bouncing a bit.
Gold prices attempts to rebound during yesterday's trading session culminated in testing the resistance at $1932 an ounce.
Gold markets have rallied again during the trading session on Wednesday as we continue to see bickering and hints about what may or may not happen with stimulus in the United States.
Since the beginning of this week’s trading, gold prices have been trying to rebound higher.
