What started out as a quiet and sideways week in the metals and miners, finished off explosively!
Technical gold trader Gary Savage noted in weekend commentary that Friday’s explosive finish in gold confirms yet another trading cycle, which may assault the 200 day moving average at $1500 oz. within the next two weeks. He further added that as a result of the strength of this close, he also expects a 10%-15% move in the miners this week!
We are witnessing A Historic Moment (and launchpad) For The Metals & Miners!
From Tekoa Da Silva, Bull Market Thinking: