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 Rout Continues

March 3, 20201 - (Gold Market Wire) - Gold is continuing to sell off after last week's dramatic collapse. The bottom of the channel is now coming into view.

pretty much a free falling Gold price.

One would expect some slowdown as we approach support, but with the kind of momentum Gold has now (to the down side) it may not occur. As we stated at this time last week... the sidelines are the only place to be. The US Dollar is trading around 1.2050, and the ability to fend off the latest Euro challange puts it in a solid position for further gains. We maintain our length.

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