Gold Analysis (2016.04.20)

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Gold Analysis – Gold markets rose during the course of the session on Tuesday, breaking the top of the shooting star from the Monday session. By doing so, it looks as if the gold markets are trying to break out to the upside, and the fact that silver already has suggests that the market is certainly getting ready to build up serious momentum to the upside. Pullbacks will be used as buying opportunities, and as a result we should see buyers return to this market again and again. As far as selling is concerned, there is no interest on our part to do so.

Gold Chart

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Source:Fxempire


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