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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US Bans American Banks from Purchasing Russian Sovereign Debt
US Bans American Banks from Purchasing Russian Sovereign Debt
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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

Keeping and Eye on Gold

November 9, 2021 - (Gold Market Wire) - Silver shedded right where we thought it would, and our cut worked out well. But we now must turn our eyes to Gold, which is now standing at a very interesting cross-road.

just a 'bit' of horizontal resistance

So that's the challange laid down right now. It couldn't be plainer than day. If we can close the week out above this level, we may be at the cusp of a significant move higher.

We've shed the 2/3 of the Silver position, but if we start working above this level with any consistency, we will be adding back in Silver, and starting some trading length in the previous sleepy Gold market.

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