News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Support Gives Way on Gold as Stock Market Recovery Stalls.

Gold is giving up the ghost late on Friday after a brutal week and a shortly lived stock market recovery today. Support has been passed and the ensuing drop came in a straight live.

The next line for support is around $1500. Gold is weak. It is likely the wrong place to buy and accumulate. We bounced off of $1522 - the market probably has more downside.

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