The charts suggest we could see a good trading move for the precious metal.
Right now my focus is reducing risk as the market figures out if it is going to shake off the trade war worries or correct further.
There is nothing the market likes better than a strong economy and a dovish Fed.
I see nothing I'm anxious to jump into right here.
Gold has been a bad investment for several years, but it's time to consider adding hard assets to your portfolio with a recession imminent.
While today's action isn't attractive, we were ripe for a little profit-taking.
The gold market hasn't made progress in either direction since experiencing a sharp selloff in 2013.
Strength in SA could be an important clue to what gold may do later in 2019.
Let's see if the charts are desirable.
Changes decades ago in how the government calculates inflation greatly understate its impact on your investments, so choose asset classes wisely.