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

Gold Market Opening

Gold Continues to Drift

April 29,2020 - (Gold Market Wire) - Gold continues to drift sideways, while searching for direction in the European a.m. Technically the market is still caught in the $1680-$1740 Box formation we identified on Monday, and so, the hesitant nature of the market is revealed in the chart.

the 'flags' fall to form a fan..will it continue?

A sideways drifting market that doesn't inspire scalping. Momentum is flagging. There is a slight downward tendancy and we get the impression that this is a market that would like to search for a bottom and make another attack higher. The question is whether that bottom will be "inside the box", or at a lower point. We remain patient for a clearer set-up.

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