Great tool to add weight and put context to the “has it gone to fast to far” question. Advancing in lock-step fashion.. price increase rapidly… then lets MA catch up. If we don’t exaggerate this move, technicals show gold will not be over extended to the point that we have to pullback hard before reaching target. From there… we’d have to weight the evidence again.

edit: that was meant to be 1520$ close for August

edit 2: Adding Silver analysis… not for the feint of heart!