The gold markets broke down significantly during the trading session on Thursday as we have pulled back from the $1750 level. At this point, the market had reached the top of a major range, and it is not a huge surprise that we have pulled back the way we have over the last couple of days. The size of the candlestick is of course rather important due to the fact that it wiped out the previous five candlesticks. That being said, the market has been in a strong uptrend for quite some time, as we have seen the market rally all the way from the $1450 level. Over the last couple of months, we have seen more or less ... (full story)