Forex Trading: Gold wide range downside reversal

by Joe Oliver, Forex Trading-Pips

Forex Trading: Gold made a wide range downside reversal on Thursday as traders booked profits following the huge run upĀ  in the precious metal over the past several months. The long term trend remains up, however a pullback is likely following the downside reversal: immediate support 1667 – 1722.

Forex Trading, Gold daily bars

Forex Trading, Gold daily bars