Gold, silver, and other safe havens will rise till the conclusion of the US presidential elections. In between sharp sell-off (if any) will be part and parcel of the bullish trend.
Trading Recommendation: Go Long gold. Use puts as stops. Active Positions: Long gold futures from about $1070 for a long-term C-wave hold, with puts as our stops!
The gold miners are on the verge of reporting their best quarterly results on record, which should attract professional investors to this sector. Gold stocks are breaking out.
The "Fear Of Missing Out" trade in gold, silver, base and other precious metals, has returned. Expect a parabolic rise within 30 days to 4 months if prices remain stable for a week.
The pattern is up with higher lows and higher highs, at this point, the market is holding over the $2351 level, which is the current 18-day average of closes.
