DollarCostAverage

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#platinum reversing at first touch of a 16 year downtrend line. I didn't see it until today, so now I know that this is the prevailing breakout line on the weekly chart. I've drawn a small projection just to better illustrate where I think next resist/supports are, and not for timing.

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What part of the bull market for precious metals are we at right now? More importantly, is this breakout and back-test on the weekly chart complete? $apm.v OTC:ANPMF #silver @AndeanPM

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Here's a set up that will be meaningful: NASDAQ:TLT breaking out through the downtrend AND weekly EMA30. The area to watch in the green box 👁️✍️

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Just caught this: a DEVASTATING reversal candle on the weekly is nigh. We know what happens next.

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Times almost up to exit bitcoin, based on the bearish weekly MACD cross analysis here. Huge short opportunity.

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The inverted cup and handle here is pointing to a serious drop, if you consider the destination of the measured move target.

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Looks like a probable huge rejection incoming. Probably aligns with a top in risk on.

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Big rejection on the monthly logarithmic chart. The target area looks like around 62% down from ATH, or about 58% down from todays closing price. Around $364 or so.

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Is a repeat coming for coking coal? And what does that say about iron ore, which it is correlated to?

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I think green box has to hold to maintain higher-high, or risk is to the downside for a while.

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If you were to draw a channel/rectangle for #gold futures daily chart, this one has the most relevant hits. These are the best set-ups IMO. Price is squeezing.

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Looks picture-perfect. What do you think? leave comments below.

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FOMC has stopped being a rug-pull moment for #gold for a while now. When will the market wake up? My guess is after $2070.

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#dxy weekly, a bit of of a different analysis. The price of the {tweezer-top} candle formation from early December has capped price, in recent weeks. That price also aligns with the Fibonacci 50% retrace level since this downtrend began in Oct '23 A hidden confluence of resist.

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Here is stocks vs $gdx. Is there any reason to think that this time is different than the last 4 times? What has to happen for GDX to NOT out-perform stocks and gold go up from here? Is it because "#gold sucks since 2011?" 🤣 #spx #ndx

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Bullish candle for gold, silver, platinum, copper etc Bullish candle for gold, silver, platinum, copper etc

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Lot's of room to fall when weekly EMA30 is lost (purple). That will mean momentum has shifted, and "silver" stocks are out-performing gold stocks. The duration of the trend shift is up for debate. Head and shoulders?

DollarCostAverage

Based on the performance of the last bull market for precious metals, I peg a target at $43. This may be conservative, as the company has less competition that it did in the 2000's.