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Gold Continues to See a lot of Volatility

From dailyforex.com

Gold gapped higher on geopolitical tensions but quickly sold off as initial panic faded. The gold market gapped higher to kick off the trading session here on Monday, which is not a huge surprise when you look at the state of the world with the United States and Israel attacking Iran. And this is a market that I think is going to be very noisy and will of course move on to latest headlines. It appears though that the initial panic that was seen in Asia is starting to abate. And it's worth noting that once the actual full futures market opened up, it's been pretty much straight down. We have filled a gap from the ... (full story)

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  • Category: Technical Analysis