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Gold markets initially tried to rally during the trading session on Monday but gave back the gains to form a less than attractive looking candle stick from the bullish sign.
For three consecutive trading sessions, the price of an ounce of gold moved in a bearish correction from the $ 1428 resistance level to reach $ 1410 per ounce
Gold markets broke down rather hard during the trading session on Friday, filling the gap from the beginning of Thursday.
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Gold markets were very quiet during the trading session on Thursday as Americans celebrated the Independence Day holiday.
The performance of the yellow metal during the Tuesday session was a consolidation of the upward trend strength.
The Gold markets gapped higher to kick off the day on Wednesday, before pulling back and then shooting straight up in the air again.
The price of an ounce of gold succeeded in compensating a large part of its losses during yesterday's trading session, as it rose by 35 dollars, and reached to the $1428 level an ounce at the time of writing.
Gold markets rallied significantly during the Tuesday session, slicing through the $1400 level which of course is a psychologically significant figure.
The price of the yellow metal had the worst performance in a year, as the price fell to the level of support at $1382 per ounce from the resistance level of $1424 and stabled around 1392 at the time of writing
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Gold markets gapped lower to kick off the trading session on Monday, slicing through the $1400 level.
Gold markets tried to rally during the day on Friday but ended up forming a major shooting star.
Gold markets pulled back a bit during the day on Thursday, testing the crucial $1400 level for support.
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Sign up to get the latest market updates and free signals directly to your inbox.For the second day in a row, the price of gold reached $1400 an ounce awaiting stronger catalysts to continue the recent winning streak
Gold markets fell a bit during the trading session on Wednesday as we are starting to take a break from what had been an overbought situation.
Gold markets went back and forth during erratic trading on Tuesday, as the market continues to try to defy gravity.