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: Risk Reward Set-Up

June 6, 2022 - (Gold Market Update) - Well, we got the break out, as we noted in our last post. And then we got the pullback. That's what we were looking for. Now we have the return to our trend line. So - the plat du jour will be a long spec from the line.

set-up? ... worth a shot, we think

We'll classify this as a 'punt' (scalp) and see if it has room. Gold's been a bit of a bore lately, but the recent action showed potential, and the pullback is the opportunity. We're cautiously optimistic.

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