Dominate Your Market
by Jim Wyckoff
The gold futures market is presently in a four-week-old downtrend on the daily bar chart. The yellow metal bulls are frustrated that recent keener risk aversion in the marketplace has not produced more upside price action in safe-haven gold. However, recent history suggests safe-haven demand for gold and silver does not kick in significantly until the marketplace gets highly stressed, and such is not the case at present. Stay tuned!
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.