By FXEmpire.com
The gold markets rose for the session as the jobs report caused fear to creep back into the markets. The gold markets will have reacted to the fact the European Union is a mess, with eleven countries in recession. The fears of growth and worldwide economic slowdown could continue to provide a lift to the markets, and as a result we are buying. The hammer that formed for Friday should be a buy signal, especially if the top of that range is broken – which is exactly what we are going to do if this happens.
Click here a current Gold Chart.
Originally posted here
