Gold & Silver Bears In Command, Technical Posture Deteriorating: Wyckoff | Kitco News

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Kitco News speaks with Jim Wyckoff, following continued pressure on gold, to see where he thinks the metal is headed. “Near-term technical posture of the gold market has deteriorated significantly,” he says. “The bears are still in firm technical command of both gold and silver.” Wyckoff also says that although tensions in the Ukraine have simmered down, there is still violence there that traders should keep an eye on. Tune in now to hear his market ratings as well as key levels for both gold and silver. Kitco News, May 29, 2014.

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