Today’s sample of Futures Analysis from FuturesHound.com

December Gold traded in a tight and narrow range for the second day in a row indicating impending volatility.

Fundamentally, the slow down in the break in the U.S. Dollar has had a lot to do with trader indecision. Bullish traders have backed away from adding to their existing positions since Thursday when this market made a closing price reversal top.

At that time it was thought that this pattern was triggered by position evening ahead of last Friday’s U.S. jobs data. Now that it has been three days since that volatile session, something bigger may be brewing.

Read full article at ForexHound.com as well more Forex Trading articles including Forex Technical Analysis and Forex Education

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