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Nial Fuller
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Nial Fuller is an Australian, Independant Forex and Futures Traders who has mastered the art of 'Price Action Trading' and applies his simplistic methods to the Forex Market and Stock Index Futures. A career spanning nearly a decade, his strong passion for Financial Markets has fueld a... More
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  • Spot Gold Struggles To Push Above $1,485.00 0 comments
    May 7, 2013 7:57 PM

    The Spot Gold market has had trouble pushing above $1,485.00 recently as we can see in the daily chart below. Last week, the market formed a bearish fakey setup showing rejection of that resistance near $1,485.00 and we can see the market has been hesitating to move higher / drifting lower ever since. If the market continues to weaken we could see a larger drop lower as there's not much key support coming in until down around $1,330.00.

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