The gold and silver markets continue to have a strong bid, despite the recent volatility.
Gold & Silver
December 2 (King World News) – Graddhy out of Sweden: Both gold and silver have slingshot parabolic moves in play.
Gold & Silver Continue Their Parabolic Rises
4-year patterns that are stair-stepping up along the red parabola trend lines. Sometimes the technicals do not need to be more complicated than this…
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Gold
Graddhy out of Sweden: GOLD has a mega breakout vs US CPI. The inflation-adjusted gold price having a 44-year breakout has absolutely massive implications going forward.
Gold’s Mega Breakout vs CPI (Phony Inflation Readings)
And, silver is in catch-up mode which will lead to its huge cup & handle breakout…
Silver
Graddhy out of Sweden: After a long consolidation in a bull there is always a next resistance. That is not a negative in itself but something price just has to overcome. Said at blue breakout, next target is $35. Got $35.07.
Silver Will Break $35. Next Target Area $42–$48
Silver is now aiming for the $42 level. Now climbing the right side of the orange rounded bottom/arc.
All Hell Is About To Break Loose
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