Cloud Formation In Gold and Silver During First Regular September Session
Gold and silver during Tuesday trading session surprised when they weren't able to close their Asian session gap up created during Monday.
Gaps in highly liquid markets serve as magnets and in the age of algorithmic trading, it is extremely rare to see them left open during even one whole session.
North Korea tensions are most often mentioned to be the reason but in the past during similar war tensions in other countries, the gaps were filled immediately.
Silver was testing $18 level today and gold went to new 2017 highs at $1345. For more detailed technical analysis of gold continue reading Gold Is Ready To Fight Trump Resistance.