News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Opening

Gold Moves Cautiously Higher

April 6, 2020 - (Gold Market Wire) - We got our length on Friday when we we broached the resistance line, and now we sit in the market long to see if the Gold  catches a tail wind from equities. Our first price objective is at $1649.

a nice uptrend with some easily defined objectives

Gold is getting a lift from the roaring overnight stock market out of the East - up over 4%. We can aim to ease up on length when we get closer to the objective. The clearing of the power down trend is a good sign.

Let's see how we fare before the New York opening. A good start to the week, so far.

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