Commodity_TA_Plus
EssentialUpdate on a trade from Feb. Take profit on NG shorts
Oil is roughly as cheap as ever denominated in gold. A significant upside move is due, repricing oil accordingly with gold
Barring an imminent or protracted recession, CVVUF looks ready to confirm a close out and above this massive bullish pattern
Uranium should experience significant upside as it becomes repriced accordingly to gold
SBSW, GROY, and LUCMF, all relatively well known PM related equities are near all time lows, while gold continues making new highs, present with a great deal of upside and minimal downside
estimated time frame 1-2 weeks to begin a ~1 month correction to a level we have not seen in a while
Copper equities are lagging the metal and wit recession looming will they have time to be milked
Looking at the cyclicality of the precious metals complex and which moves first, vs lag
Error at end of video. I believe I said 375 million would be the market capitalization in the best case price projection scenario. It is in fact, 3.75 billion, which is certainly not out of the question.
Uranium and LEU price analysis and technical perspective
DXY tanking has gold making a higher high after a 20 week intermediate cycle. Is this a false breakout or the next leg up?
Making the case for an 8 year cycle low in palladium
Likely levels that all sectors tend to bottom at using Fibonacci retracement, measuring likely degrees of magnitude on falling knife bounces, as well as determining the PM sector bottom via platinum price, and looking at ratios.
Stocks are pulling the entire market, every sector, down, as it approaches a final 4 year cycle low. Here are the criteria most probable to be met in anticipating a bottom
Gold may have put in an IC top, or we could be early on a missed ICL
The DXY will determine what kind of week Monday brings
Expect big fireworks these final weeks of the advancing stage of an intermediate cycle
Silver and gold have held up well during the recent sell off and now with the dropping dollar, we may undergo some serious moves until the DXY cycle low