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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.
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.