“Beachball” About To Rocket Higher
The beachball has been held at the bottom of the pool for as long as was humanely possible. The arms holding it down are totally exhausted. The beachball(gold and more importantly, silver) are going to explode higher from here. Today’s jobs report is going to create a lot of volatility, possibly tiggering another attempted selloff in the metals, but from what levels will not be clear until we get there. It doesn’t really matter. After today, you are either in or left behind.
You are now seeing the volatilty I said I was expecting. Remember this was a clear breakout and this is the pullback to fill many of the gaps. Very positive action. Of course we would all like to see straight up with no pullback but that is unrealistic and unsustainable. This pullback is a gift for those not yet all in.
After watching the price action today it appears the gold bulls got kicked in the “beachballs”…LOL I’ve been playing today in the IONQ sandbox…good action today