Break Out In Gold and Silver!

Screenshot 2022-12-01 at 16-38-26 Gold Futures Price - Investing.com.png

Yesterday I wrote that the mining stocks had a break out bar to the upside but that gold had not done so.

How is that for a break out bar in gold!

Screenshot 2022-12-01 at 17-09-36 Gladiator Meme Generator - Imgflip.png

Likewise yesterday silver stalled right at the previous HIGH and still needed to break through to the bullish side.

Screenshot 2022-12-01 at 16-39-04 Silver Futures Price - Investing.com.png

Wonderful! Simply magnificent!

The entire precious metals market is no longer in the dreaded DOWNTREND and is solidly in an UPTREND.

An UPTREND is defined as a series of HIGHER HIGHS and HIGHER LOWS.

Screenshot 2022-12-01 at 17-14-35 Curious Question Cat Meme Generator - Imgflip.png

Screenshot 2022-12-01 at 17-15-13 NYSE ARCA GOLD BUGS INDEX (^HUI) Charts Data & News - Yahoo Finance.png

Not bad, not bad at all! A fantastic follow through on yesterday's bullish move.

Peace out and stack on!



0
0
0.000
9 comments
avatar

You received an upvote of 39% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

0
0
0.000
avatar

It's nice to know precious metals is in a uptrend. My Gold and Silver portfolio value should increase !

0
0
0.000
avatar

Congratulations @handofzara! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

HiveBuzz World Cup Contest - Recap of Day 12
Hive Power Up Month Challenge 2022-11 - Winners List
Be ready for the last Hive Power Up Month of the year!
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

It's looking good hopefully it's not some next manipulation nonsense I don't think they will be able to get away with it for much longer

0
0
0.000
avatar

It's getting harder for TPTB to hide the true nature of the market.

0
0
0.000