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Gold: Volatile but Bullish as Holiday Volume Drops

From dailyforex.com

It continues to be very noisy during the trading session on Tuesday as we have gapped to the upside to kick things off. That being said, this is a market that continues to see a little bit of compression, and I think that does make quite a bit of sense. After all, we have to keep in mind that the Thursday session is Thanksgiving, so the futures market will shut down for a chunk of the day. And then the Friday session will probably be somewhat thin due to the fact that a lot of Americans won't bother to go back to work. That being said, I think it makes a lot of sense that we have been going back and forth in this ... (full story)

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  • Category: Technical Analysis