News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Gold Market Wire... Gold Market Wire... Gold Market Wire
Gold Market Wire... Gold Market Wire... Gold Market Wire
***
Hungary and Poland Set to Veto EU 7-year Budget
Hungary and Poland Set to Veto EU 7-year Budget
***
UK Appeals Court Overturns Judgement recognizing Venezuela's Opposition - - Opens Pathway for Repatriation of UK Held Gold
UK Appeals Court Overturns Judgement recognizing Venezuela's Opposition - - Opens Pathway for Repatriation of UK Held Gold
***
Fitch Ratings Calls 2020 "Record Year" for Sovereign Defaults
Fitch Ratings Calls 2020 "Record Year" for Sovereign Defaults
***
*** GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ***
***
Subscribe to receive our monthly report
Market Info
Feature coming soon.
Thank you for your patience

Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Gold Trend Line Fails

November 19, 2020 - (Gold Market Wire) -Gold's uptrend has failed and the opening at $1871 this morning gave us the sign to close the position. Gold is fairing poorly, and we take our losses now, before it gets any worse.

the trend line has failed

As we back up for the bigger picture, we can see an uncertain period ahead. The channel has more room to go.

not a good picture.

$1850 is now going to come into play and it needs to hold. It's time to sit on the sidelines.

< Previous articleHome pageNext article >
<- Go Back