$silver put in one of the ugliest reversal candles you can imagine today. Lower prices dead ahead.
Any strength whatsoever is going to be shorted into the ground until Uncle Jerome fires up the presses again.
GCC could possible trend sideways until next March. I think it will be a very strong buy when it tags the 100 WMA next, which looks like it will be sometime early next year (maybe March) if it can manage to go sideways.
I personally don’t think silver or gold will do anything until that timeframe (March ’23). Between now and then, it’s anyone’s guess when Jerome will relent.
The GDX weekly trend line, connecting the Aug. 2020 and May 2021 tops, with a breakout in Feb. 2022 on the log chart is backtesting this week. You don’t think it will hold I guess.
One thing I like… is lower prices.
$silver put in one of the ugliest reversal candles you can imagine today. Lower prices dead ahead.
Any strength whatsoever is going to be shorted into the ground until Uncle Jerome fires up the presses again.
GCC could possible trend sideways until next March. I think it will be a very strong buy when it tags the 100 WMA next, which looks like it will be sometime early next year (maybe March) if it can manage to go sideways.
I personally don’t think silver or gold will do anything until that timeframe (March ’23). Between now and then, it’s anyone’s guess when Jerome will relent.
The GDX weekly trend line, connecting the Aug. 2020 and May 2021 tops, with a breakout in Feb. 2022 on the log chart is backtesting this week. You don’t think it will hold I guess.
Plunger, come on ! That’s not even a 5% loss ! Why should we get mad at you !??