Could Be An Historic Day For Gold
If we get the slow, steady climb out of the hole and into positive territory that I expect, today could very well be the last time in human history that it trades below $2400 per ounce!
If we get the slow, steady climb out of the hole and into positive territory that I expect, today could very well be the last time in human history that it trades below $2400 per ounce!
The last time in human history? Chartsmaster, you are on a roll…
Gold is doing what I outlined above. It is currently in positive territory. These last three and one half hours of trading will likely play out in one of two ways. Either this slow drift higher continues and sets up for the rally to expand next week, OR gold and Silver begin to accelerate in a crescendo where gold closes at a new AT closing high and silver runs up to just around it’s recent closing high 32+. The later scenario would be more fun, but either way the metals are on their way higher from here.