GOLD - Follow The Yellow Brick Road

3 במאי 2022

All you need to know is Gold just reached levels near the lower range of the Yellow Brick Road (YBR). The price channel Gold has continued to stay within should drive prices back higher if it is not broken by some external market event (think global collapse). Even then, if it is broken, Gold will recover and continue higher after a deeper pullback.

Right now, I see these lows as a fantastic opportunity to BUY THE DIP. Same thing with Silver.

These lower ranges present very solid opportunities for skilled traders. The next few weeks could see a solid rally back above $2100 - then targeting $2600 or higher.

Here we go. Get ready for a solid move higher over the next 5+ weeks.