London Session Watch Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
145 0
Gold slid lower after the bearish pin bar candlestick pattern that we covered last Friday. There's another pin bar candlestick pattern after the first bearish pin bar candlestick pattern that we pointed out. That second pin bar candlestick pattern pierced through the upper band of the bollinger band which is an ideal selling setup. Note that the Stochastic indicator and Commodity Channel Index ( CCI ) where showing the price was in overbought territory at that time which adds fuels to the bears. Currently there are multiple inside bar candlestick patterns formed in the Gold market. If the price breaks below the low of the inside bar candlestick pattern, we could potentially have selling opportunities coming in in todays London session.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out