Probably a tough chart to understand... Using distance from 3 year moving average for total public debt as % of gdp to measure "rate of change". When gdp's dilution via debt is increasing at an important rate, fiat's "value" is diminished. Commodities sensitive to inflation (or currency debasement) will benefit from that tail wind.
Only second time in 100 years this MAJOR paradigm shift is unfolding before our eyes. Those looking on daily charts will feel the excruciating pain of this turn, which those lacking patience will miss out on the HUGE move about to unfold, just around the corner.
Keep your eye on 28$. Holding above it is KEY. Inclining centennial pivot line also showing the trend. Add a bullish MACD wire cross. Yikes!
US Dollar Index Future's Daily Point and Figure Chart. Reduce noise, see more clearly.
And also similar to 1972's running start rom below previous yearly all time defined highs.
How many ways do you want me to dissect this? JUST FALL ALREADY !!!
Americas Gold & Silver Corp's Log Monthly Chart yields a 12$ target with a close above 4.65$. Currently perfectly balanced at 3.80$.... about to slide... UP!
Why hold Dollars when you are getting less and less yield? HUGE downwards pressure on DXY.
Commodity bull era has started.
Gold's Inflation Adjusted Monthly Linear Chart. 140%-150% move baked in the cake. +5k in the coming years.
Key note rallies doubles or triples previous move. That's it!
I guess nobody told sugar to back off it's inflation expectations. Now above volume defined breakout line.
bullish transition zone pole flag above inclining 30 week moving average out performing silj target area 3$ to 5$
Now above 50 day and 200 day moving averages, just below breakout lines (line close + volume defined) on daily chart. Measured move to 19.50$.
High volume nodes are magnets... where price seems to want to gravitate to. Silver will eventually choose, but where is the evidence pointing too?
TradingView now has over 100 years of data for gold and silver! In about a week, we are going to get a 3rd signal, which has previously yielded 400% moves on a yearly close basis. Can you imagine the huge overshoots on smaller time frames? Minimum 125$ target for 2024.
Waking up, already broke out of descending pattern, now trying to revert energy upwards to complete arc's destiny at .33, now .05