OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold @ 10:41

Posted by Captain Hook @ 11:08 on October 17, 2024  

I certainly hope you are right.

Key ratio charts are supportive of such an outcome.

Few square head thinkers are looking for such an outcome with the COT positionings being so extreme.

Personally, I don’t care because I don’t trade the vast majority of my holdings, but I would still like to see the shares get a jolt with a silver breakout.

And if we need to wait for another COT cycle – so be it.

We need to see strong yearly closes in gold and silver this year in order to pave the way for 2025.

So, a little weakness over the next month would not necessarily be a bad thing if December is a good month – especially for the shares after tax loss season. (Of course we may need to wait until January.)

Everything is crossed … that’s for sure.

Cheers

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.