Multiple Events Shape Gold Sentiment

April 11, 2018 - 6:23pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action

Yesterday we sent out a TRADE ALERT: BUY JUNE GOLD @ MARKET (1347.90 CURRENT). PLACE STOP @ 1324

Maintain Long June gold @ 1348 and stop @ 1324*

  • We will raise the stop over the next 48 hour *a trade alert will be sent with new stop placement.

 

Gold Market Forecast

Gold is reacting to a number of events. Collectively they could take gold pricing above $1400.

Sentiment Indicator:
Gold -> Bullish
Silver -> Bullish
S&P 500 -> Neutral
Bitcoin -> Neutral