News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
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US Bans American Banks from Purchasing Russian Sovereign Debt
US Bans American Banks from Purchasing Russian Sovereign Debt
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*** GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Gold - Ready for its Next Move?

June 2, 2020 - (Gold Market Wire) - Gold has been lagging behind the party being hosted by Silver, but it looks like its about to make an entrance. The chart shows us the set up.

uptrend and downtrend meet-up

This is a very solid set up for Gold to move higher. The uptrend is nice and smooth and the "lid" looks ready to give way to the pressure. You don't often get set-ups like this. Gold has a lot going for it right now, from chart action, to the political chaos engulfing the world, to the all-important silver rally which is a defining feature of a Gold bull in full flight. Long is the place to be.

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