• Skip to main content
  • Skip to footer

Jim Wyckoff

Dominate Your Market

  • Daily Morning Report
  • Meet Jim
    • Testimonials
  • Contact Jim
  • Sample Reports and Charts
  • FAQ
  • Jim’s educational e-books

Gold Powers to 6-Mo. High, Giving Hope to Raw Commodity Bulls in 2019

January 4, 2019 by Jim Wyckoff

The gold market is trending higher and has just poked above what was strong psychological resistance at the $1,300.00 level. Bulls are in technical control at present, to suggest more sideways-to-higher price action forthcoming. The gold market’s recent gains are giving raw commodity market bulls some confidence that 2019 will see the sector show general price gains. Still, keep a close eye on crude oil prices. Crude will have to bottom out (which it may already have, as longer-term chart support at the $42.00 area stopped the decline) for the raw commodity sector to have its markets sustain price uptrends. Stay tuned!

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

Footer

Disclaimer

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.

Latest trending facts

Copyright © 2026 · Atmosphere Pro on Genesis Framework · WordPress · Log in