2023 top for Junior Miners vs Silver itself. Arc still holding on monthly chart. Still need to wait for monthly close to confirm
Monthly point and figure with 10$ block size. 2800$ high then 2045$ low.
US Dollar Quarterly Point and Figure Chart with 2$ box size. 80 seems like a logical retest.
Gold bull ear has not started vs Tech. End game for gold vs US equities in 2032.
Can this historical pivot line hold? Silver could be anout to run up vs US equities.
No, I expect you to die! --Auric Goldfinger This chart pretty much resumes this sentiment. Will James escape the clutches of Goldfinger?
Could be heading for a final crash down towards 20$. Spike down for a final capitulation wash out? Would definitely crush the silver bulls moral. From the ashes is born a phoenix.
Until gold loses to all currencies, it's a round table of them taken turns losing vs gold.
When silver breaks out, gold vs silver ratio tops. So does dxy and vix roll over.
Yeah, watching some Roger Moore James Bond right now....
Reverse symmetry moves decades later or reverse symmetry years later... it's all about human emotions.
Back in Q3 2007? More analog moves spotted... Until a close below 3 year moving average, gotta look up.
Edge of your seat price action! Check out the momentum fractal also, as visualized with distance from 1 year moving average.
Series of falling wedges with apex retests... each time gold carving in higher lows. If the ratio is to go up with gold increasing, as it did many of the other times (unless market crash)... We should see a good flow of capitals leaving Nasdaq towards gold.
So, that's that! Lesson is be careful with preconceived notions and correlations. Market has a wide case of scenarios and there is no absolute one. When in doubt, watch the individual chart's price action itself.
A fine tuned Big Picture with an 11 year moving average. Fueling up station as price action hogs an inclining movgina average. Then consumes that energy on the explosion off it. Fear of missing out increase the further you are away.
Lots of hard work already done by #gold after loading up on energy off the uber long term 50 quarter moving average. Closing quarter above that "resistance zone" box is KEY. You want to make sure that's now a "support zone".
Too early to start posting big picture hugely bullish silver charts? You can blame @ThHappyHawaiian who asked me to check out this setup..