Another scenario for gold @ 5200.. I have one other that reaches by 2024.. big difference between the two.
Silver breakout means all the money printing will come home too roost soon! Gold and silver are gonna run away, and the FED can do absolutely nothing. Don't fight the FED, get gold and silver. They are pushing the price up and have guaranteed to continue doing so!!
So nobody knows the future, but this is looking more and more likely as things continue going up. What goes up must come down sometime, and there haven't been many significant down days to balance out this rally.
Market falls, fed comes to rescue, Market falls, fed comes to rescue, Market falls, fed comes to rescue, Market falls, fed comes to rescue..
Total guess here, but let's see if this rocketship is going to the moon =) and it very well could.
Slow and steady squeeze up. Everyone is expecting a drop, lots of shorts. What if it just keeps chugging like this, on it's last breath.. as people decide what to do?
Is this market gonna go up until election, or will bears get a treat?
Can't go up much higher from here, so a pullback is required if there is to be some sort of happiness for November!.. A massive double bottom could also make people more confident.