Is There Technical Evidence That Gold Has Bottomed?

April 17, 2019 - 6:36pm

 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
On yesterday's show 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.
 
Both Monday. tuesday and today's 's lower pricing 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 -> Bullish