Nial Fuller's  Instablog

Nial Fuller
Send Message
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
My company:
Learn To Trade The Market
My blog:
Nial Fuller's Price Action Forex Website
  • Spot Gold Market Consolidates But Remains Buoyant 0 comments
    Jul 29, 2013 8:30 PM

    The Spot Gold market has been strong over the last few weeks and in the daily chart below, we can see that on Friday a bullish pin bar formed and then today an inside bar setup formed within the range of Friday's pin. We could be looking at a potential breakout scenario if the market remains buoyant and can break up past the high of Friday's pin bar. This could lead to another surge higher in this recent up move. Otherwise, if price drifts lower from here, we see key support down near $1,300.00 that could be a good buy-level if the market moves into it and forms a price action buy signal.

    1375144038- clip- 17kb

Back To Nial Fuller's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.