Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Update
Gold's Pullback
May 1, 2025 - (Gold Market Wire) - If you loaded up into the last breakout, i.e. at $3000+ - you've had one hell of a ride... and its highly likely you are in a troubled place. Instead of trying to grab every last dollar of a bull market, you could have acknowledged the works of the Masters and refused to chase strength in Gold. That is doubly so in the raging bull phase - which sets up the leveraged specs like dominos to be knocked over. Those specs are the fuel for COT.

Now we get the pullback.. the tree shaking... to chase every weak hand from the market - before resuming the uptrend...i.e. Trading 101. If you refused to chase... you are sitting comfortably and eyeing up the pullbacks to find levels to add length. If you missed the last $200 of the brief trip to $3500, because you know, all to well, that no one calls tops, you have done the right thing.
The Bull market is not over. They don't end this way.