Price retraced after earnings, but there is divergence on falling volume
Potentially price should hold at ~$25.60 support before recovering to the upside
Seasonality for haliburton is 100% upside for Oct to Dec!
Long term uptrend is in tact.
Short term Price action is getting squeezed... break-out to upside very likely.
Seasonality for november performance for last 4yrs is 100% upside
silver had been languishing for a while.
Opportunity to enter long for a 1-2yr timeframe will present itself, riding on the back of a commodity resurgence
Macro environment:
With Fed continuing to print money, inflation is no longer transitory.
Without a clear timeline for taper, gold will present opportunities for hedge.
Even if interest rates are raised, market turmoil should also be good for safe havens like gold
Technical Analysis:
Previous 2x Falling wedges resulted in a price rebound within the trend...
