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Gold markets rallied significantly during the trading session on Thursday to reach towards the $1728 level, and close near that level again.
The gold markets fell a bit during the trading session on Tuesday as traders came back to work, in a major “risk on” type of situation.
Gold markets pulled back a bit during the trading session on Monday, as Memorial Day trading is of course thin.
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Gold markets have formed a bit of a “harami” during the trading session on Friday and using the Thursday candlestick as part of the pattern.
While economies are gradually lifting nationwide lockdowns, the World Health Organization reported a daily record in new confirmed Covid-19 cases, exceeding 100,000.
The gold markets broke down significantly during the trading session on Thursday as we have pulled back from the $1750 level.
Gold markets have been pretty choppy during the trading session on Wednesday, gapping higher to kick off the session before pulling back to fill the gap and then rallying again
The gold markets initially dropped a bit during the trading session on Tuesday but found buyers underneath the turn things around and show signs of life again.
Gold markets initially tried to rally during the trading session on Monday but gave back the gains to break below the $1750 level to find even more weakness later in the day.
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Gold markets have rallied significantly during the trading session on Friday, peaking above the $1750 level.
Gold markets broke out during the trading session on Thursday, as we are finally cleared the top of the symmetrical triangle that had been forming for quite some time.
Increasing fears of negative interest rates in the United States, along with continued negative results of the US economic data
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Gold markets are trying to break out above the top of the symmetrical triangle, and therefore if we can break above the highs of the trading session on Wednesday,
Gold markets have rallied a bit during the trading session on Tuesday but did not hang on to all of the gains.
The return of the US dollar strength after the markets absorbed the jobs report results for the month of April, which carried a lot of alarming numbers