Silver is also a recovery metal. Look for it to rocket when FedEx starts outperforming US equities. #fintwit #gold #silver #inflation #recession
coiling price action, above inclining IMPORTANT support (18 year moving average)
Where is the #Tesla "fundamental metric" defined exit? #fintwit
Home prices in US still undervalued versus US equities. Note, they also track same capital flows as #gold (defined by ratio vs #spx). Oh yeah, also breaking out! #fintwit
How are you going to take profits if you are simply looking at fundamentals/narratives/stories? Please don't ride all the way back down, use charts! #bitcoin #fintwit
Total Public Debt multiplied by increasing Fed Fund Rates equals trouble! #Recession along side rocketing initial #jobless claims right around the corner. #Gold and #Silver also have a high probability of rocketing.
What does #FedEX and #Bitcoin have in common you might ask? Same price action.
"EXTREMELY BULLISH OUTLOOK" massive wick below support (noise from smaller time frames)
#Bitcoin is down 75% versus #Silver since peak. It has been underperforming for over 400 days now... Who cares about the brilliant marketing stories around #cryptos. Why are you still #hodling again? Follow the price & evidence.
Day 86. #Gold confirmed reverse symmetry move on daily chart versus #SPX. This is the run towards 0.50 #buckleup #fintwit
What goes down... doesn't always go back up. No matter what you think!
Day 84. So far, very good day for precious metals. If #Gold breaks out versus #SPX... Then VERY likely #Silver breaks out on its own chart merit. Oh boy!
Yes, possibly forging a bottom for precious metal complex. Get really excited once gold & silver miners momentum goes positive. Everything will fly! #patience #fintwit #gold #silver
#Bitcoin holders now stuck in between Anxiety and Denial phase. Coming up are the Fear, Desperation & Panic phases. Chart trading works, because it's all about human emotions.
#Bitcoin (priced in #silver) has now lost over 70% of it's value. When it's in the good zone, it can lose over 80%, and then hibernate for some time. What do you think will happen now that it has broken down below the "paradigm shift" line? #fintwit #inflation
#Silver has been out performing both #Bitcoin and #Nasdaq since December 2021. Let that link in a moment... Now, Bitcoin (priced in silver) already broke down from a massive 800 day topping structure. Next up is Nasdaq (priced in silver) to break down. #fintwit #inflation
Commitment of Traders. Gold in "bad zone". More work required. #fintwit #gold #silver #patience
Yes, #silver still has more work to do before getting my confirmed breakout call. Because I use risk & money management, I do not feel #FOMO. I can make equal or bigger gains, trading from a higher price point, with less risk. Few understand this. #fintwit #patience