By FXEmpire.com
The gold markets fell for much of the session on Tuesday, only to turn back around on the bounce from the $1,650 level yet again. The market is still in an uptrend overall, and the hammer that the Tuesday session formed suggests that we are going to rise again. The breaking of the top of the Tuesday session would be our signal to go long, while we do not have a sell scenario at the moment. The trend has been far too strong over the last decade to flirt with selling at this point.
Gold Forecast April 18, 2012, Technical Analysis
Originally posted here
