Best Financial Markets Analysis Article Following the gold market as we do here at MarketClub, it was amazing that nobody, and I mean nobody, was bearish on this market. This always creates a problem as the markets tend to reverse when everyone is on one side and there's no one else left to buy.

Another tip-off was on Fox Business News and also on CNBC indicating that gold was going to hit $1400 almost immediately. Well after Tuesday, we know what was to happen to the price of gold. If gold were so strong, should it really have gone down almost $70 in 4 days?

This is where technical analysis and Japanese candlestick charts really shine in my opinion. What happened in gold was a classic candlestick formation that any trader, whether they trade gold or other markets, should be aware of.

In this short video, I illustrate how this formation occurred and how it was confirmed the next day - and I don't mean on Tuesday.

I also have a free candlestick book that I'm making available along with this video.

http://www.ino.com/specials/ino/17moneymaking.html

As always there is no need for registration and the video is with our compliments. Please feel free to leave us a note on this or other videos in the comments section of the blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

By INO.com

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