Gold & Silver Whipsaw Traders & Market Timers
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- čas přidán 21. 06. 2024
- Latest whipsaws in Gold cloud prognosis into next week and the end of month and end of the quarter. Gold, for now, has support at $2300 and Silver has initial support around $29. The miners are providing some encouragement.
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#Gold #Silver #Stagflation
END THE FED. Gold IS money.
As the late great Jim Sinclair said years ago " There are no markets , only manipulations " !
Was I whip-sawed? I guess, but I'm not leveraged, have a long time horizon, and I got several orders filled. Good for me.
The Price Action is Exciting for PM's 😉.. $150+ swing days are coming for Gold 👍🏻... Sweet
thank you for your industriousness Jordan
My pleasure!
Thank you, Jordan. Always enjoy these short market summaries. Holding during corrections is always helped by accurate market intel!!!!
My pleasure Eric!
Remebering that Friday was Triple Witching Day, there could have been a great many contracts that would be rolled forward which would add to the volatility.
Gold and silver are moving up and down on the economic data. The data has been weak one day and strong the next. Remember, the technicals are a reflection of the fundamentals! Not the other way around. It's easy to forget that.
As soon as the economic data starts coming in consistently weak, PM's will move consistently higher. It won't be long now.
Same as always with technicals in this market. Yeah everything is going great last week - to the moon… until that $30 down day on Friday.
Tea leaves.
Nice video , thanks
Thank you!
Great information brother 👍
Thanks 👍
thank you
You're welcome!
Thanks J!
You bet!
Price is stretched too far above the moving averages. It's going to need some time going sideways for the moving averages to catch up before we can get the next sustained move higher.
Please god let Ag go to 27😅 I will roll my entire retirement into metal. I cannot fathom how cheap metals are.what a bargain even at these values
For big moves I am looking forward to August for a last dash by BRICS and associates pre September Shanghai meeting of finance ministers to agree the details of the BRIC Unit Trading token backed by PM.
Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24
When do Fund Managers rebalance their portfolios will it be pre or post summer and follow Sam Duncan Miller pivot from Tech into Newmont. ?
In THE medical community, theyed call this Grand Bipolar Disorder...end times.
If I only listen to your videos at night and not watching, I learn nothing. Lots of here’s and there’s. “Looks good here but over here there’s this over there and then this here.