November 15, 2023 - (Gold Market Wire) - Our trend line marker worked like a dream yesterday, giving us the precise low in the daily market. Who says Gold isn't technical? The conservative trader, who waited with patience for the trend line, captured the most of the move.

The noise out of the Fed and interest rate markets might have helped, but as each day passes Gold's journey becomes its own. The big picture is set in stone, and the Fed has no power to stop it. This is a monetary crisis, and the market must be traded from the long side only now. Sell-offs are buying opportunities, but the technicals tell us when to enter.

The geo-political scene is one of utter chaos. That is Gold's tail wind. When it turns really bad, and it will, it will be a sign to hunker down with the physical and forego trading futures. That's still some months away.

Our channel is marking out the pattern as it stands at the present moment. We have an inside channel and a main one.

‍

It's not hard to feel the presence of the two Masters in their new celestial home. Harry and Jim are having likely having the time of their new-dimensional life, as they look down and encourage us to stay focused and disciplined, keep it simple, and avoid the behaviour of the "hog"... the castrated male swine, reared for slaughter.

Remember the Rhino horn! That's where we take some length off of the trading book. Even in a bull market, profits need to be taken.