Getting some sell in the precious metals is good. Waiting for the stochastics indicator to bottom. Some technical support at the fibs and the lower channel. The weekly chart looks more negative as the stochastics indicator is starting to fall from overbought levels. I'll be adding as the daily stochastics base using 2022-2023 LEAPS. Should prices fall even further, I'll accumulate with the physicals. Let's face it, the M1 money supply is off the charts. The dollar is dead. It's only a matter of time.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.