From here, some chop in PM's is inevitable, and we should see a progressive grind back upwards. We should see some more promising moves in PM's from the second half of June. Generally, Gold will track a major resistance level around $2485, but that likely won't come until September. My target for Gold remains about $2900 in this cycle. My target for Silver remains at $60 in this cycle as well.
Importantly, the market is not linear, and it is quite possible you may see PM's rise in the early stages of the bust as a "fake-out safe-haven", before the brunt of the first wave of the bust ensues. For that reason, we may not see $2900 Gold, 60 Silver, $60-65 GDX and $90-100 GDXJ until October, or even November.
We are up large acorss the board on
MSFT
SOXL
Still long as I see the NASDAQ reaching 20,000 from here, again not strait up but you get the idea. Crypto has some catching up to do and we could see some nice moves over the weekend. Sorry for my lack of postings busy doing life stuff, and besides its all the same bull shit most of you already are aware off. Doom and Gloom propaganda, I have better things to do, like focus on the markets.
The crash will come when we least expect it.
Hang in there check back later.
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