Equities are most expensive vs. commodities than at any time since 1970. We are at the tipping point of a coming recession which will hit the overpriced tech stocks by at least 30%. Gold and silver would most likely thrive as a safe heaven and silver generally makes even higher gains than gold percentage-wise. Furthermore, gold and silver are quoted in dollars and a weak dollar will further contribute to their rise.
A potential ABCDE pattern is forming and a break of the upper trend line could be the beginning of the bull run. However, we could also range more and the price could fall again which will give us a better price for a long term buy.
A potential ABCDE pattern is forming and a break of the upper trend line could be the beginning of the bull run. However, we could also range more and the price could fall again which will give us a better price for a long term buy.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.