A.M. Look 10/20/25

Just a couple of observations;

Spoos keep closing above the qtrly pivot.

Bitcoin held its 200 DMA Friday as the internet was calling for the end. This is the only level needed for downside closing risk management at this time.

Silver traders should take note of the cash vs. the Futures chart which says that as long as it keeps closing above 50 it’s good. The cash chart sets up @ 48.

The operative, question was Thursday-Friday’s price action just a one day wonder off the Gold target or something more?

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