News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Gold Market Wire... Gold Market Wire... Gold Market Wire
Gold Market Wire... Gold Market Wire... Gold Market Wire
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Gold Market Wire

News, analysis and commentary for gold traders and investors

The Technical Take

Gold and the Moment of Truth

March 10, 2020 - (Gold Market Wire) - Gold is at the crossroads and the Channel - the old one - is threatening to act like a tractor beam and drag it back in.

if we head back in - there could be sudden downdraft

Here's a 30 minute chart to show you how the market keeps hitting this line - and why its important

a fairly obvious support line - that matters to Gold

Is it a high percentage trade to get long here and hope the channel doesn't exert its force?

Probably not.

But if you're more of the Wild Eyed Gambler type... go right ahead.

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