Stocks And Precious Metals Charts - A Minsky Moment
Stocks wobbled but did not fold today, posting a small loss.
Gold and silver rallied strongly from a short term oversold condition.
Gold bounced off its 50% Fibonacci retracement for this recent chart movement.
Let's see if they can continue to build on this, or if they will go back down to retest support.
VIX wallowed.
Something wicked this way comes.
Have a pleasant evening.
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