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 Update

Gold Picks Up Steam

April 6, 2020 - (Gold Market Wire) - Gold is powering ahead towards the target we set earlier today. Conservative traders (or those who have more margin then they should!) can take some profit here as we bump up at the horizontal resistance.

not a bad position to have after Friday's advisory

Those who want to scale back should take 1/3 out on an upmove, but the market looks strong right now, and may well follow through.

Running profits is the order of the day, today. Gold looks strong.

Sometimes it really is that simple.

The world is at the moving into the critical phase of a serious monetary crisis that has been brewing for years. Don't forget that. Gold is your safe harbour.

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