By FXEmpire.com
The gold markets had a flat day on Tuesday as the market came upon the recent downtrend line. To call it a failure would be a bit strong, as the market did in fact puncture the line, but the action at the end of the day looked rather – uninterested. This could be because of the Friday Non-Farm Payroll numbers, and as a result we could see a very quiet couple of sessions. However, we still like the bullish case overall, and a break of the top of the doji for Tuesday has us buying. Selling isn’t done at this level as there are too many potentially supportive spots below.
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Originally posted here