News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
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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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*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Gold. Ready to Make the Move?

October 26, 2022 - (Gold Market Wire) - The Gold market has been dead as of late - ergo - nothing to write about. While we hope that this update will reach its intended audience, the vacillations of the general market have kept us away from the blog. We've been drifting around $1650 - waiting for a break.

We never got the downside blow out we were looking for.... and neither did we rally. This, however, may be coming to an end. In this context we note:

1) Increasing war momentum

2) Political disarray across the world

3) Tremors in the global banking system.

The target is clear:

our persistent downtrend - the real challenge.

If we can get across the downtrend, it will be time to get the length on.

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