Preholiday Volume and Subdued Trading Characterizes Gold Pricing

April 18, 2019 - 6:24pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action

We are currently flat with no active trades

Gold Market Forecast
This week we looked at how last Thursday's dramatic selloff was the beginning of something much bigger. Initially we had looked at the possibility that that $20 decline would be a single day event rather than the beginning of a defined correction.
However Monday. Tuesday and Wednesday price declines indicates just the opposite. On today's video report we will again explore in detail critical price points that we could find support at, and defined the rationale behind those price points.
Sentiment Indicator:
Gold -> Neutral
Silver -> Bearish
S&P 500 -> Neutral
Bitcoin -> Bearish