Anybody watching Gold?

[EL34]

Gold and Silver are on the move again.

[EL34]

Silver and Gold have gapped up

[shooter]

that's a nice bump from this morning when I looked.


found this chart, besides the obvious, it's a pretty good "tell" on what happens to prices during the "uncertainness" of a particular year.

[EL34]

The gaps continue

Next overhead resistance is $50

[shooter]

yep, my tea-leaves say by end of year it'll stabilize out about $50.


CCP is on a tear trying to convince the world America n it's dollar are over, Europe is wetting it's pants over Russia n civil unrest, most of south America is run by the cartels, even if we manage to boost the economy here, lots of the moneyed folk are buying up all the tangibles they can get.

[EL34]

Gaps always get filled, so there will be some of that going on

[EL34]

The red lines are where Silver and Gold will retrace to fill the gaps

[shooter]

this is a drone stock, but the premise works across the board, metals, money, stocks
this gap was 6 weeks ago, it's positioned to start a long slow run up, just like metals will.