{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gold-bearish-engulfing-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gold-bearish-engulfing-bar\/","headline":"GOLD Bearish Engulfing Bar","name":"GOLD Bearish Engulfing Bar","description":"Gold has overnight produced a small Bearish Engulfing Bar (BEEB) on the daily chart. This BEEB is small but is also formed at a key resistance level. Gold has been in a range for the last few months with price unable to break out either higher or lower. Price is now sitting at the top […]","datePublished":"2012-08-01","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/gold1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/gold1.png","height":"293","width":"586"},"url":"https:\/\/forexschoolonline.com\/gold-bearish-engulfing-bar\/","about":["Price Action Charts in Focus"],"wordCount":138,"articleBody":"Gold has overnight produced a small Bearish Engulfing Bar (BEEB) on the daily chart. This BEEB is small but is also formed at a key resistance level. Gold has been in a range for the last few months with price unable to break out either higher or lower. Price is now sitting at the top of this range has rejected the range high again with the latest price action.This BEEB could see price fall back lower if the lows are taken out and the bears gain control. If however price breaks higher from the BEEB the range high would be\u00a0broken\u00a0and we would be looking for new moves higher. GOLD DAILY CHART – AUG 1 2012  You may like latest educational price action article which can be found here:\u00a05 Secrets to Profitable Forex Trading  "}