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.
Here's a 30 minute chart to show you how the market keeps hitting this line - and why its important
Is it a high percentage trade to get long here and hope the channel doesn't exert its force?
But if you're more of the Wild Eyed Gambler type... go right ahead.