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Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Update
Gold's Power Downtrend Finishes
March 21, 2022 - (Gold Market Wire) - It looks like the sharp end of the down move is over fro Gold, as we continue to move sideways. The target to clear is now fairly evident, and so - we await confirmation.
..and the zoom out, to show how we drew the resistance line.
All in all, it looks like we drifting sideways and preparing to move higher - but lets not anticipate the market. We've seen off some of the danger of a further fall - especially with above $25.00. We're not out of the woods, yet. But we ae starting to make noises about another move higher.