Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Update
Changing Conditions Means New Ideas
December 8, 2022 - (Gold Market Wire) - New conditions call for a new outlook in Gold. We are getting the impression that the pullbacks are really starting to produce the kind of"higher lows" environment that signal to us a chance for a move to higher prices.
![](https://assets-global.website-files.com/5d754afa7a6dfa49fd253976/63917fe980de248696e5bdf5_Screenshot%202022-12-08%20at%2007.07.24.png)
The spec short from previous peak worked well for us, but the lack of follow through to the downside is worthy ofnote. Taken is a slightly broader perspective, this pullback from the failure to get through at $1804 looks 'collected' ...and poised to make another charge.
(Remember - This Xmas... Gold might really be the best gift!)
Small length here.