This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


The four-hour chart on gold closed rather flat on Thursday. The metals market was closed on Friday for Good Friday.

Although price action closed above the level of 1671.95, we anticipate a possible pullback lower.

Watch for a close below 1671.95 to confirm the downside. The ascending wedge pattern could see a downside breakout.

The minimum target lower is at 1574.90. To the upside, gold prices are likely to continue toward the 1700 level.

Test your strategy on how gold will fare with Orbex - Open your account now. 

The post Gold prices close with a doji appeared first on Orbex Forex Trading Blog.

To keep reading this article, please navigate to: Orbex Forex Trading Blog.

Tagged on: