Loading ...Happy Halloween
After a short, scary drop, after yesterdays FOMC, things seem to be settling down as the implications dawn on human traders. Suspect the initial PM drop/Dollar surge was algo-driven. In any case, Gold and Silver look like they are in the early stages of the next move up. I want to see gold close this week a few Dollars above the wedge (perhaps $1510 or more), just to get proper confirmation.
Reminder.. also a monthly close. So review of long term charts will weed out noise.
Of course, almost forgot it’s the end of another month. Doesn’t time fly when you’re having fun ?
And then Wham.. Rambus, Plunger, & Surf all indicating time almost here to get feet wet again. Ready to put some $$ back into the Royalties at least.. Then Gold /Silver now up 1% as the trade wars are back again. Way to go Chucky, i was hoping for a quiet entry point….
Seems as though I should take the opposite approach to the way I think, but would that be the way I think? Every prediction seems to be intuitive, yet the outcome is usually is counterintuitive. So far though, Northstar has been pretty impressive overall. Thanks!
Ha ha Marcus, I know what you mean 😉
All I have to say is nice charts. Watching the dollar closely.
Thanks Chas. So far, so good, but as you say, we need to watch the charts carefully.