Signs still point to lower levels in metals
(Kitco commentary) - While we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later. However, I have to be honest in noting that I am seeing more signs that lower levels may still be struck before we are ready for that rally.
The Market Has Gone Nowhere In The Last Twelve Months
(Kitco commentary) - So, as the bulls pat themselves on the back for holding all the way down last year for a 20% draw down so that they can "enjoy" the rally we got in 2019, I hope they donâ??t hurt their arms and shoulders from all their back-patting.
Are The Miners On The Verge Of A Correction Or About To Go Parabolic?
First published Sun May 1 for members of ElliottWaveTrader.net: I never suggest trading on emotion, yet the â??fearsâ? I expressed last week may be developing as the reality on the ground.
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