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 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.

...this is the action of a bull market... even the pullback.

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.

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