News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
*** GOLD MARKET WIRE ... GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ... GOLD MARKET WIRE ***
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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 ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Silver Market Update

Silver Continues to Struggle

August 24, 2020 - (Gold Market Wire) - Silver's downtrend line is now proving to be a challenge of some importance, and the failure to clear it today is bringing out some sellers. The chart is showing the impediment to further gains.

...held captive by the downtrend

So Silver's challenge is now clearly laid out. Until we get across the barrier, we are merely consolidating, or getting ready to shake out again.

No place to be but the sidelines at present.

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