I was already short the miners, but I’m just going to increase my exposure based on this…….
A Sloper was kind enough to offer this post about precious metals, which I appreciate!
Today’s post will be chart-heavy and text-light. I just want to highlight all of the chart breakouts I’m seeing across the gold and silver complex. This is exactly what you want to see as confirmation that a new bull market has started. I marked up each chart and put some comments here and there. The blue circles represent price targets based on the measured move of the breakout. Enjoy