As the Global Financial System continues to collapse under the weight of Toxic Derivatives, Debt and Stimulus, Gold and Silver continue to march on and remain Strong Bullish and Exceptionally Undervalued.
#Gold and #Silver - Strong Bullish and Exceptionally Undervalued.
Toxic Derivatives, Debt and Stimulus
As the Global Financial System continues to collapse under the weight of Toxic Derivatives, Debt and Stimulus, #Gold and #Silver continue to march on, currently at $1,300.02oz and $17.29oz respectively.
#Gold - 30 Min Chart - $1,300.02oz
#Silver - 30 Min Chart - $17.29oz
#TechnicalAnalysis #dMAmapping⇗⇗⇗⇗⇗⇗
Technically, both #Gold and #Silver are in a Long Term Bullish trend after triggering their respective #dMAmapping⇗⇗⇗⇗⇗⇗ Buy Alert Signals simultaneously on 18th December 2015 at $1,045oz and $13.58oz.
Since the 18th December 2015, both #Gold and #Silver have never looked back and both remain Strong Bullish and Exceptionally Undervalued.
Thanks for reading.
Stephen
Shared on twitter. Stephen
Shared on LinkedIn. Stephen
Gold and silver are currently so undervalued that they will most likely follow the trajectories that cryptos have carved out over the past year or so.
Whether we look at their prices in terms of fundamentals or technicals, it's clear that we can expect some exponential gains.
(Interestingly, some people can not see that and do not "expect" it. A friend who recently sold his house asked me where he should park the profits. When I said "GOLD. It's now dirt cheap!" he looked at me as if I was a lunatic and replied that gold was the last thing on his shopping list. Maybe he'll change his mind when it gets expensive.)
Nice
Cool
A very important brief analysis. The dollar has no backing. Gold and silver are a real alternative in times of crisis. Many people know that sooner or later many economies will suffer serious crises so they come to these two metals. Bitcoin is now a powerful alternative like gold and silver. Thanks for sharing, congratulations. See you soon.
Love them all