The Waiting Game.

arriba-Aug-26-2021-10-04-17-05-PM

The Waiting Game.

 

Dear Investors.

 

The market waiting for Chairman Powell to provide insight from the meeting.

 

Light trading, for the most part. Traders eager to have more information to step into the market.

 

The attack in Kabul is adding some upside to the gold market but most will wait for further news from the symposium.

 

Traders feel that nothing too drastic will be announced tomorrow, however volume is low ahead of the news conference.

 

As we wait, the technicals are painting a favorable picture for the metal’s next move towards key resistance levels.

 

Much success to all.  

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