I think there are probably 10,000 charts talking about the daily “Pin bar” of GOLD lately. I am not the expert of “Pin bar”, I do notice the long tail tested the resistance level and failed to close above it. Anyway, looking into shorter time frame, we have a support zone around 1755. More conservative play will be waiting for the break of this level, and get in during� pull back. Well, if it pulled back.
Here is the 4 hour chart. (click to view full chart)
From the desk of Trader Gav