{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gold-shoots-higher-after-pin-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gold-shoots-higher-after-pin-bar\/","headline":"Gold Shoots Higher After Pin Bar","name":"Gold Shoots Higher After Pin Bar","description":"Gold has now shot higher on the weekly chart. The catalyst for this move higher was a solid Pin Bar that was covered in this blog in a previous post. Price has now given traders a chance to either take profit, protect their capital or a\u00a0mixture\u00a0of both. Price is now sitting just under the recent […]","datePublished":"2012-06-05","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\/06\/Gold_Weekly1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/06\/Gold_Weekly1.png","height":"226","width":"590"},"url":"https:\/\/forexschoolonline.com\/gold-shoots-higher-after-pin-bar\/","about":["Price Action Charts in Focus"],"wordCount":122,"articleBody":"Gold has now shot higher on the weekly chart. The catalyst for this move higher was a solid Pin Bar that was covered in this blog in a previous post.Price has now given traders a chance to either take profit, protect their capital or a\u00a0mixture\u00a0of both.Price is now sitting just under the recent support level that is holding as new resistance. If price can break this level a new leg higher would look to be likely. If price falls lower from this resistance area we would look for recent lows to act as support.Well done to all the members who were able to get\u00a0aboard\u00a0this move from trading the Price Action. GOLD WEEKLY CHART "}