Gold Markets Have Sideways Session - XAUUSD goldprice
Enter your emailThe market is very unlikely to have an easy go over the next several days, so it is probably only a matter of time before we see more back-and-forth.
Quite frankly, when you look at the short-term charts, it is obvious that the markets have no real directionality at the moment, so with that in mind it is probably one that short-term traders will continue to be attracted to. That being said, the last thing you want to do is put a huge position on, so you need to be very cautious about how aggressive you get.
All things been equal, it does not seem like we have the type of momentum at this point in time but that daily close would of course be a huge turnaround.
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