Loading ...MICHAEL OLIVER: ALL STRUCTURAL MOMENTUM POINTING TO THE SKY FOR GOLD, SILVER, AND ESPECIALLY JUNIOR MINERS
Currently, momentum charts are looking very bullish for gold and the larger view shows that we are nowhere near being overbought.
He doesn’t believe the markets are going up for much longer, as often a bear trend can take a few months to settle in, which is likely what we will see. He compares today’s markets with the Nasdaq crash that started in 2000. Michael sees clear signs that Fed Chair Powell is in complete panic.