Gold & Silver Poised to Enter Multi-Week Rebounds; Gold Tests Key Support.
07/20/22 Weekly Re-Lay Alert – “Gold & Silver remain negative and would not show any signs of bottoming until (at least) daily closes above 1731/GCQ & 19.45/SIU. Gold is nearing its most critical level of intra-year and 1 – 2 year support near 1680/GC. If/when a low is signaled, these metals should bounce back toward their June ’22 highs – key levels of ‘4th wave of lesser degree’ resistance. The XAU & HUI remain weak, selling […]
Read more