The Precious Metals Rally Continues - LOAD THE BOAT
SLV, /GC and other precious metals are rallying hard while DXY continues to sink off of the back of central bank easing. No Reason at this point not to join the party. There were a few people at the beginning of this predicting a new precious metals super cycle, and while I'm not sure something to that degree will happen (Look at /GC around 1998-2006), I think we still have a TON of room to move from here, especially looking at the commitment of traders reports. This train doesn't have any reason to stop moving.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.