Doji candle takes shape on the GOLD chart and shows indecision in the market

in #economy7 years ago

GOLDmicroDaily (15.6.2019).png
The price of GOLD forms a Doji pattern of long wicks on the daily chart. This technical training represents the uncertainty in the market and the lack of conviction on the part of investors. However, if the candle appears in a resistance zone at the top of a trend, it can pave the way for a possible bearish turn in the underlying asset's price.

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