Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Market Update
Gold Not Out of The Woods Yet
June 27, 2023 - (Gold Market Wire) - Gold has settled down, but is it ready to rally? That is the question. May and June have been down months, so we are pensive about the close this month. Gold needs to rally soon, or we are heading for another down leg.
As a whole, the commodity complex is getting stronger by the day. That's a good sign for Gold in the medium and long-term...but Gold can often be the last to move.
Nat gas has finally made its move..(and it's tough to resist accumulating this).
as has wheat..
This is going to be a critical weak along the commodity complex... and we should soon see if Gold will also make its move.