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Jim Wyckoff

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Gold hits record high; more upside likely

March 5, 2024 by Jim Wyckoff

Gold futures prices hit a record high of $2,135.80 Tuesday. The yellow metal is getting a boost from ideas the major central banks this year will ease their monetary policies, which would in turn stimulate better demand for metals. Gold bulls have the solid near-term technical advantage, to suggest still more price upside in the near term. Stay tuned! Jim Wyckoff

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

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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.

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