Almost There
The next upward leg in the gold and silver bull market is ALMOST here. I believe Tues. 1/26 will provide a good entry point, especially for Silver. After a bounce and some more backing and filling during the rest of this week and the first week of Feb., the bottoms will be complete and the rally will accelerate to the upside during the rest of Feb. I don’t have a timeframe yet for how long this leg will last nor any targets for gold.(see yesterdays post for potential gold target) I do believe that once silver exceeds the 30 high from early last Aug. it will at least reach 35 on this upleg.
Interesting how Bob is Hugging the 50 DMA
Hope you are right CM
Should dip below the 50 one more time, probably tomorrow. That is the entry point.May not even close below the 50. If it does, likely for only one day.