Gold Needs to "Glow Up" Forecasts for Gold Next Stop $2,350
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Just throwing this out there as a hypothetical "worst case" scenario for Gold ahead of the mega rally to follow. A break of 1975 likely negates this potential. Not ruling anything out. Certainly jives with the idea that we don't see any new stimulus until after the elections. The next few weeks will test what it will take for Powell to turn up the speed on the printing presses. Safe to say that is exactly what's happening. Until we see "action" from the Fed, US Treasury, or Congress, the bias is down.
Prepare accordingly.
Stay safe and as always, keep stacking.
Prepare accordingly.
Stay safe and as always, keep stacking.
Comentário
Below 1874 bring 1800 into play, my initial target. 1750 and 1670 key below there.Comentário
I repeatedly state I'm mega bullish PMs. I cite ST risks as dip buying opps, "Never short a bull market." LT we're going much higher imo.Publicações relacionadas
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