What just happened to the price of gold? This looks like a reversal candlestick pattern to me.
Brokerpedia is a trademark of Media Vest FZ-LLC, a company incorporated in the United Arab Emirates with license number 101647. Information published on this website is not directed at residents of the United Arab Emirates and is not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation.
2 comments
No idea, but I agree that it doesn't look promising. I've closed some of my long positions as a precaution.
Apparently this is down to COMEX lowering the maximum leverage it allows across gold futures contracts.