Gold finally hit the $1,500 level today, and then fell back as traders took profits at the all-important psychological level. The day’s candle formed a doji, which shows we may have a pullback in the making. However, this will simply be a buying opportunity – just like all pullbacks for the last 10 years or so.
Originally posted here
Read more about commodities technical analysis, commodities fundamental analysis and commodities news on CommoditiesMansion.com
About CommoditiesMansion.com:
www.CommoditiesMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions.
The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.
