News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
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 ***
*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

Gold and Silver Reveal the Challenge

November 22, 2023 - (Gold Market Wire) - Yesterday's "set up" note caught the market just right. Within a few hours of its release, we had vaunted well over $2,000 for an intra-day high of $2,007.62. We've backed and filled and now, as Gold is settles into is new environs, above $2,000. We're in decent shape to take on the next challenge for a shot at the all-time high.

The market is strong, and recently backed off nicely to galvanize energy to create our "Goldilocks" move. The chart shows where we are presently, on the edge of a move higher.

...right on the nose.

We'll zoom our for the bigger picture:

the "big" picture

Silver is also indicated the same hurdle.

also ready to clear the big downtrend.

Silver is really straining at the leash - ready to run. Is it time for the two brothers, the old steady Gold and the 'wild child' Silver to hold hands and jump? It sure looks like it.

We are approaching a watershed moment in monetary history.

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