'Wouldn't Want To Be Short Gold This Weekend' - Jim Wyckoff

Following gold’s volatility Thursday morning after the release of key economic data, Jim Wyckoff is on Kitco News to explain the metal’s moves and how he sees it set up for the long weekend. “I think the next big development is probably going to be the Ukrainian presidential elections [on Sunday],” Wyckoff says. “Going into a long U.S. holiday weekend, I sure would not want to be short gold,” he adds. Wyckoff also says there may be some short covering, bargain hunting and even safe-haven demand for gold on Thursday and Friday ahead of the ‘uncertain’ weekend. Tune in now to hear his market ratings and key levels for both gold and silver. Kitco News, May 22, 2014. (show less)

Following gold’s volatility Thursday morning after the release of key economic data, Jim Wyckoff is on Kitco News to explain the metal’s moves and how he sees it set up for the long weekend. “I think the next big development is probably going to be the Ukrainian presidential elections [on Sunday],” Wyckoff says. “Going into a long U.S. holiday weekend, I sure would not want to be short gold,” he adds. Wyckoff also says there may be some short covering, bargain ... (read more)

Technically Speaking

Technically Speaking
Kitco’s Senior Analyst Jim Wyckoff has his charts come to life every Thursday on Technically Speaking. From key price targets to his weekly market rating for gold & silver, viewers really get a chance to understand how the technicals are impacted by the headlines. Will gold get a passing grade this week? Watch to find out!

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