Gold: Absorbs Recent Gains
From dailyforex.com
Gold has been fairly noisy during the trading session here in the early hours of Friday, but it does look like we are trying to stabilize. Perhaps trying to turn things around and race back towards the highs. After all, we've had a couple of days’ worth of sideways action at the moment, and that might be what the doctor ordered after the shot higher.Perhaps just going sideways and working off some of the excess froth with more of an upward tilt makes quite a bit of sense and I think a lot of value hunters might be appreciative of any short-term pullback we get. If the market can digest the idea of hanging around the ...
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