this will probably break out to the upside and play catch up because of silver and gold. I probably wont sell at the $1000 level and hold long term as it will suggest a long term trend change.
The descending purple line is a connection of monthly closes, we recently had our 1st weekly close above it. - Good enough for me.
Many shorts probably trapped down low which will add fuel to the break out.
I will get out below 800 or a weekly close below 820
The descending purple line is a connection of monthly closes, we recently had our 1st weekly close above it. - Good enough for me.
Many shorts probably trapped down low which will add fuel to the break out.
I will get out below 800 or a weekly close below 820
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BOOM