It’s Wednesday and I’m looking at trimming a little Silver and Platinum.
Silver denominated in Yuan is at a big level from the 2008 high to the 2020 low. Gold /Silver has room o 6440 ish, the 50 Yr. average, 63.79 the 200 Qtr.
Somewhere in here you’d expect a bounce or some price rejection.
Gold led into October and has been sold on the spreads ever since.
Gold will go again, you just have to have patience. Platinum is coming into its high Matrix level for the past couple of decades.
We’ve had the conversation in the room that the metals get sold during the U.S. session by the algos only to go to new highs in
Asia.
U.S. retail and private wealth investors have been 5 years late to this party with their myopic focus on the mag 7.
Room members have mammoth leads in the metals.
Mentally this is the hard part for me and most investors.
Not screwing with the trade.
The higher we go the more volatile it will be.
I’m not Carnac but my targets in Silver and Gold are much higher. It’s all about the path.




