Very short term call in the metals…
My short term calls have not been very good, so take this with a grain of salt. I think the next 2-4 trading days will likely see sharp selling in the metals. I believe the October 29 low will get taken out during this time, and it’s possible gold and silver’s September 24 lows are taken out as well, especially gold’s.
I am anticipating an explosive rally once the next low is in, since at a minimum it will represent a daily cycle low, and it could also constitute an intermediate cycle low as well if the Sept 24 lows are taken out.