Locked and Loaded as the War of Words Continues

August 11, 2017 - 6:19pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action
Tuesday afternoon we sent out a Trade Alert: Buy Gold @ Market.  Futures Traders Buy December 2017 gold At the Market (current 1269.9)  Stop  Below 1255
This morning we raised our stop to below 1280
Maintain long gold @ 1270 and stop @ 1278
Gold Market Forecast

The geo-political crisis between the USA and North Korea continues to grow, and tensions continue to rise. As such we expect Gold prices to hold steady next week, or advance. 

Sentiment Indicator: