By FX Empire.com

The gold markets fell a bit on the session for Tuesday as traders managed to break through the $1,800 mark, and took profits. The market has been quite bullish recently, and a pullback and rest would be ideal for bulls. This gives the traders who haven’t been involved a chance to get involved as well.

With the EU and its problems, it is hard to see how gold doesn’t rise in the short-term. The pullback should only be a buying opportunity, and if you are looking to buy gold cheaper than it is now, you will more than likely get your chance over the next couple of days. We see $1,750 as solid support, and would love to buy closer to that level.

Originally posted here