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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*** GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Wire

Gold Weakens in Early Trade

March 27, 2020 - (Gold Market Wire) - Gold is coming under pressure in the Far East as the market prepares for an important Friday. We are at a crossroads, and it will be resolved before long. The support just above $1595 needs to hold, and the chart formation shows the convergence of challenges.

the crossroads

It's shaping up for an interesting day. Gold needs to get a move on today, or the challange at $1595.5 will be faced. If it fails, the market will head down.

Strategy wise, there is little to be gained from risk/reward in the market. The sidelines seem a good place to be.

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