Market Insights
From Walter Pehowich
Topic: We have reached a fork in the road.
The Gold market for the last couple of days has been trading in a tight range on both sides of the 200-day moving average. These prices are getting old and we look for some news or event that with give us some direction. The fork in the road is the 200-day moving average and to quote the late, great Hall of Famer, Yogi Berra, “When you get to the fork in the road take it!” I’m sure you can’t argue, but I’m tired of looking at that fork in the road.