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Jim Wyckoff

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Gold Bulls Remain in Technical Control

August 19, 2019 by Jim Wyckoff

The gold market is under some selling pressure early this week, as risk appetite has up-ticked the past couple trading sessions, amid talk of easy money coming from the world’s major central banks. Still, the gold market is in a solid price uptrend on the daily chart and prices are not far below the recent six-year high. Bulls remain in firm overall near-term technical control. That means that path of least resistance for prices remains sideways to higher. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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