Gold Trades to Critical Support Level | The Gold Forecast

Gold Trades to Critical Support Level

February 4, 2019 - 5:06pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action
We are currently Flat with no active trades.
On Sunday, January 27,  we sent out a trade alert to buy April Gold
Friday we sent out a trade alert to raise stop to $1317.00
We took $1000 profit per contract when our stop was hit on Sunday
 
 
Gold Market Forecast

Late last week we saw signs of a potential conclusion the the rally which began at $1200.00. We raised our stop to lock in profits. On today's report we will look at were gold pricing could trade too. This will determine our next trade and entry level that we will look for.

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