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No Need to Fight, There’s a Reversal for Everyone

From goldpriceforecast.com

Reversals. Plenty of reversals. With reversal-based seasoning. Gold, silver, miners, the dollar, and even stocks – all reversed profoundly last week. Reversals are important, but they become very important when they are based on weekly prices. If we see a reversal being confirmed in an additional market, then it becomes something that should make one really pay attention. Last week, we saw weekly reversals in all key markets that are important for precious metals investors – it’s very rare to see a combination of signals that’s this profound. Let’s start with context. Stock market? {chart} It reversed. We saw ... (full story)

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  • Category: Technical Analysis