Stocks and Precious Metals Charts - The Writing on the Wall...

Jan 5, 2021 at 5:24 PM EST

Stocks managed to rally back today, to overhead resistance, after the record sell off that opened the trading for the year.

Gold and silver managed to hang on and extend their gains higher, again, to overhead resistance.

VIX retraced a bit.

The dollar dropped lower into the 89 handle.

Let's see what happens with the runoffs elections in Georgia tonight.

Have a pleasant evening.

(Click on image to enlarge)

Disclaimer:

These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.

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