Gold & Silver Bullish Technical Pattern Emerges On Dollar Weakness

Interview Highlights:

  • We are in a euphoric phase near the end of a bull market. Only a few leaders are holding up the market.  Lagging Dow Jones and industrials indicate weakness. 
  • Put/call ratio is at levels even greater than 2018 when the market dropped 20% and in 2007 at the bull market top. 
  • Short term bearish on gold and silver with gold potentially hitting support at $1810 and silver $22. 
  • The US Dollar has hit support and we see a bear market bounce that is coinciding with a short term correction in gold and silver. 

Length: 00:21:20 

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Chee Hin Teh 4 years ago Member's comment

thanks well said Chris