Monday, March 25, 2013

Gold Price Action: Fakey with Pin Price Action Setup, 26/03/2013

When I ran a commentary its inside bar Trade setup on the  21st March, I recommended a continued bullish bias on the pair. Not much had changed with respect to that as price set off a Fakey with Pin Price Action Setup, as price got rejected, in an attempt to trade below dynamic and horizontal supports. Expectations are for continued higher prices in the coming days.

My Recommendation: Stay bullish.

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