When you see a double top you sell a double top!
This 40 year chart could be foretelling commodity prices outperforming the technology sector on a longer term basis going forward. pic.twitter.com/dcmG6n5OJu
— bob coleman (@profitsplusid) May 5, 2024
Gold is breaking out of its bull flag pattern (like silver is).
This is a good sign provided that there is strong volume behind it for confirmation.$GLD $XAUUSD pic.twitter.com/87oOx4JZjM
— Jesse Colombo (@TheBubbleBubble) May 9, 2024
***GLD ETF Alert***
New 2024 high for the borrowing fee rate for the GLD ETF. Fee has just tripled.
Hearing that a new large buyer, not China or India, maybe forming which could be very exciting for physical precious metals moving forward. Will comment when more information… pic.twitter.com/7VfNe4iPZa
— bob coleman (@profitsplusid) May 9, 2024
Rather than another short-term spike, silver has been establishing itself at prices we experienced during the "silver squeeze" of 2021 and the pandemic-related surge, albeit in a much greater sustainable manner this time around.
Investors appear to be disregarding the broader… pic.twitter.com/Sx20eaE7K0— Otavio (Tavi) Costa (@TaviCosta) May 9, 2024