News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
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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

News, analysis and commentary for gold traders and investors

Gold/Silver Market Update

Silver Hangs Onto Trend Lines

September 2, 2021 - (Gold Market Wire) - For those who seek action, and aren't luck enough to be short the $1800 strike in Gold options, the end of this period of extended doldrums, will be greeted with relief. The Silver market, despite its recent pick-up is doing nothing, flashing reversals one day and again a few days later, but, importantly, hanging on to its recent trend line:

two trend lines, both holding for now.

So, the terminally bored can try a scalp long at this juncture, but only very small. Gold is not indicating at all, and has gone to sleep. There is of course the candlestick formation indicating potential reversal, but we can't really make much of this market either way... save for a slow uptrend in Silver.

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