Run up into a cup formation seems to indicate a (semi) normal flow of liquidity. Sad metals get hammered almost daily. Crime in progress. If this continues we could see a run up into the euphoria stage. With an economic shift happening, this could be bullish not bearish. Watch Gold and Silver news over the next few months.
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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.