Gold And Silver Turn Up After Weeks Of Sideways Consolidation

Gold had a big run this year, breaking out in March as it rallied through its $2100 resistance level to run up to $2450. It has since spent about six weeks consolidating in a simple triangle pattern.

On Tuesday, it turned up to trade right into the resistance area of that consolidation range.

It’s now poised to breakout and run again.

The price of silver is doing the same.

Meanwhile, Bitcoin is rolling over.

Instead of breaking out, like gold and silver are doing, Bitcoin has broken down and is now trading below it’s 200-day moving average.

Bitcoin has been falling while the stock market and gold have been going up.

What will Bitcoin do the next time the Nasdaq has a mere 10-20% correction?

Probably what it has done every other time that has happened and crash.

Now is the time to just get out of Bitcoin and buy gold, silver, or palladium!

Yesterday, I did a WSW Pro video going through every single position I own in my account.

You can find that video in a post here.

No “AI” was used to write this email or edit it.