The gold markets fell significantly during the course of the trading session on Thursday to reach towards the same support level that we had seen during multiple sessions before. At this point, the market looks as if it is trying to respect the $1790 level before bouncing and forming a bit of a hammer. The market is also sitting at the 200 day EMA which is flat, and therefore it suggests that we are simply going to go sideways for a while. To the upside, it is obvious that the $1825 level is massive resistance, and if we can break above that level, it is likely that we could go looking towards the top of the gap that ... (full story)