Złoto / Dolar USA
Short

Gold heading for the Sh1t Hol3? 🐻🐻‍❄️are now in control

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As per the current market trends, it seems that the bears are still in control of the precious metals market. Despite our previous prediction of an upward trend, the bulls have not shown any significant signs of strength to hold the predicted support level. If this support level fails to hold, which is highly likely, it may result in heavy selling pressure, leading to a considerable decline in the market. It is crucial to keep a close eye on the market and take necessary measures to minimize any potential losses.

It's worth noting that there has been a significant increase in the number of sellers dumping silver, and this trend is often mirrored in the gold market as well. As a result, we are presently selling precious metals and have conducted an in-depth analysis of the G/S ratio to help inform our approach.

Silver
Silver Breaks the support we expected to hold yesterday. SELL


G/S Ratio
G/S Ratio Breaks Out. Bearish for Gold & Silver

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