all markets including adored metals, and panelist John Newell who manages the “Global Adored Metals Program” armamentarium at Field House Capital. The aboriginal allotment of the webinar was focused on the gold and argent mining points, while the additional allotment about the gold/silver amount and futures market.
This commodity highlights the angle for the amount of gold and argent price. Next to that, it talks about the COMEX futures gold market, the Commitment of Traders Address (COT), and concrete gold investing. Address of Rob Tovell.
What is your angle for the gold amount and argent price?
Both gold and argent are attractive great, technically. Argent has the cleanest blueprint pattern: a bullish cup and handle pattern. So it’s account allegory silver’s blueprint to get an abstraction of breadth the adored metals circuitous is going.
Silver aloof bankrupt aback aloft its cup and handle attrition band at 16 USD. From a abstruse point of view, the upside ambition is reflected by abacus the amount which represents the abyss of the “cup” to the attrition line. That amount ambition results in a price of $18.15.
The best bullish ambition is $21.32. However, it is not a abbreviate appellation target, as, usually, the aboriginal and additional targets are bound achieved, but the third and fourth targets booty (much) added time to achieve, so it
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