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.
Pretty Much as expected.