A primary driver for gold these days... you can partly explain recent sell-off in gold as it believes real yields are on the rise. Now, when wil the bloodshed stop? Could be closer than we think. When fear is max... look for a turn around!
Early stages of fiat debasement will provoke higher nominal prices for copper and silver... among other commodities. This is a strong trend change... $hg_f #copper #inflation #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Gold's breakout in June 2019 was BEFORE Covid or Vaccines. Silver also started following gold's footsteps in July 2019... Both above their 1 year moving averages. The macro wheels driving this are BEYOND current daily news or events. Until a Paul Volcker moment arises, where nominal rates are wayy above inflation rates, then precious metals will have a nice...
If Russel is breaking out now.. I'm expecting for Silver to follow through. Lock Steps. #inflation #debt #gold #silver #insanity #legendary $slv $gld #fintwit $sil $silj $gdx $gdxj
Fed balance sheet expected to go through the roof! I think gold and silver barely got moving if this is to unfold. Pretty insane stuff. #inflation #debt #gold #silver #insanity #legendary $slv $gld #fintwit $sil $silj $gdx $gdxj
As "Powell Pivot" in late 2018 paved the way for gold's bottom and current bull era, a "Paul Volker Moment" will signal the end of it. One day, rates will have to outpace inflation rate... probably when we all think they cannot! Never doubt market forces... stay nimble! Until then, Gold and Silver go UP! #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Chaikin Money Flow showing something is up, even with decreasing price action... So imagining bullish scenario for comming months. We are in a precious metals bull market after all! 0.23$ in May 2021. $NXS.v
Can this miner +4x in 3 months? Not the best looking arc, as right hemisphere would required two solid tests to confirm new curve of ascent. Still keep en eye on an explosive move... $BSR.v #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
More arcs showing the downtrend slowing down.. basing.. and up trend resumption! Add to that the monthly chart weight, and you got a potential, higher probability move baked in! 0.58$ target, now less than 0.09$. $KS.v #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Another Gann Square Fixed on yearly log chart for gold! 6000$ to 9000$ target by 2025 and 2028 yearly closes! Notice how the arcs offered resistance and support, like a magnet. #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Gann Square Fixed is another one stop shop technical tool. All the bells and whistles. Check out this view for silver's long term log chart. +100$ Silver yearly closes in 2023 or 2024... and consider this doesn't exclude overshoots on smaller times frames! Also note we are approaching yearly defined breakout line (resistance). Looking great! #gold #silver $slv...
Canada Silver Cobalt Works' looking to respect the arc symmetry... with over shoot above 0.80$ by years end VERY probable. $CCW.v #gold #silver $slv $gld $sil $silj $gdx $gdxj
It's definitely GO-TIME... reverse symmetry move on 6 month candle chart showing the way, already behind schedule. Am i the only one FULL bullish over here? #gold #silver $slv $gld $sil $silj $gdx $gdxj
Another 6 month candle chart for silver senior miners. Reverse symmetry move should have it +70 in next 2 months!?!? Beware of heights. Maybe Q1 2021 for the conservatives? WOW. #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Gold vs silver ratio chart is breaking down. Look for support levels along the way. Since this is fast moving, specially on daily chart, look at diagonal trend lines for faster reaction time. #inflation #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
Coiled to the max... runway almost out. Stoch defined fuel is loaded... ready to be consumed. Since longer trend is down, I'm expecting this to unwind downwards. Good for gold and silver. Enjoy! #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Can this reverse symmertry move happen? If not, expect fireworks in Q1 2021. Implies huge move for silver and gold stocks... specially the juniors. However, markets have a tendancy to move slower than my imagination. #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $jx
On the brink of a breakdown. Very supportive of a commodity bull era. Gold and silver will enjoy. Look at those monthly wicks, total refusal for US Dollar to appreciate vs Loonie. #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $usdcad $dxy