Candlestick patterns create models which are a visual representation of market sentiment as well as a forward forecasting tool.

Gold trading began on a positive note today with prices fractionally higher to trade up $2 to $3 on the day. This trend would continue for the better part of the trading session.

Gold pricing continues its historic climb to higher prices, gaining yet more value in today’s trading. As of 4:30 PM Eastern standard time, gold futures are trading $4.10 (+0.31%) higher at $1339.