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Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Opening
With Three Weeks in the "BOX" Gold is Going Nowhere
December 13, 2021 - (Gold Market Wire) - Even by Gold standards of late, this is getting tedious. We've held onto the infamous $1784 level, while the US Dollar has rallied, but in truth, the market is dying a death it seems. We present the chart, which shows the box we are trapped in.
This market doesn't really deserve a lot of attention right now. If you feel like scalping when we hit the parameters of the Box, feel free. There simply ain't a lot in it.
We will be turning to more interesting fare...like Crude Oil.