Gold found resistance at the top of our target range for this rally leg at 1695 and had drifted back to 1686 by the close. This morning, gold has continued to drift slowly downwards, as the euphoria of yesterday's rally dissipates.
We expect a pull back of some sort after the 60 point rally from 1635 - today's video for our subscribers at www.goldtradingexperts.com looks at various scenarios we consider likely to unfold from here and our strategy for our next trade.