Fire, Fury, and Gold, The War of Words Continues

August 9, 2017 - 6:22pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action

Yesterday afternoon we sent out a Trade Alert: Buy Gold @ Market. 

Major Breakout in Gold Trade Alert: Buy Gold @ Market. Futures Traders Buy December 2017 gold At the Market (current 1269.9)  Stop  Below 1255

Maintain long gold @ 1270 and stop @ 1255

Gold Market Forecast

With the war of words escalating, the risk-off, safe haven sentiment could continue for some time. There needs to be a period of de-escalation before market sentiment will return to what it was just a few weeks ago.

Sentiment Indicator: