Wednesday, January 22, 2020
Precious metals and miners are consolidating before their next advance. Gold could reach $1700+ by March, and we see explosive potential in silver Mid-cycle consolidations are normal and part of every cycle. After rallying more than $165 from the November low, gold is taking a well-deserved breather. Bullish sentiment is waning, and the next advance should carry the uptrend into March.
-GOLD- Gold is in the midst of a natural mid-cycle consolidation. Once complete, prices should extend to the March target box and approximately $1700
[5/7, 5:43 PM] vstradingsystem: Buy Gold cmp 47550-47500 sl 47350 target 48100-48400 [5/7, 7:51 PM] vstradingsystem: Buy gold 47550 high 48...