News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
**** Gold Market Wire ****
**** Gold Market Wire ****
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France Recalls Its Ambassadors from USA and Australia...Calls Their Behavior "Unacceptable" over Scuttled Submarine Deal...Calls Australian Behavior "A Stab in the Back"
France Recalls Its Ambassadors from USA and Australia...Calls Their Behavior "Unacceptable" over Scuttled Submarine Deal...Calls Australian Behavior "A Stab in the Back"
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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

Silver Market Update

Silver Stabilizes on the Uptrend Line

August 27, 2021 - (Gold Market Wire) - We've had the sell-off, then the move back up over the downtrend line - re-establishing an uptrend. This was followed by another sell-off which took us almost within reach of $23.00 only to recover, and now, unsurprisingly, sit right on the uptrend line. (Horror Movie Movie) "This Can Onle Be the Work of COT!" ... and so it like is. The locals are kicking the market around and there's no one to stop them. Everyone is off the desk, as evidenced by Gold's continued holding pattern at $1800....plus or minus a few dollars.

The Chart:

...right on the line.

Pretty Much as expected.

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