Dominate Your Market
by Jim Wyckoff
The gold market remains trapped in a price downtrend and has this week hit a 15-month low. The bears are in solid near-term technical control and there are no early chart clues to suggest a market bottom is close at hand. That means for the near term the path of least resistance for the yellow metal will remain sideways to lower. Keep reading my daily market update reports for those early clues on when price trend changes may occur. Stay tuned! —Jim Wyckoff
There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.