Gold - very similar pattern to our last big breakout and $150+ advance.
Another look at gold - can be drawn as a channel or a wedge, depending on your view/techniques. This looks like it's setting up for the next big move to start very soon. A break above the $1490 area will be the start.
Silver - keeping it simple.
Next up Gold/Silver ratio - Having broken out, we now just have a wick, with the candle back inside the upper resistance line. Interesting. In my view this is the indicator which will signal 'game on' for our next major move.
Original source: Northstar - Twitter
Reproduction, in whole or in part, is authorized as long as it includes all the text hyperlinks and a link back to the original source.
The information contained in this article is for information purposes only and does not constitute investment advice or a recommendation to buy or sell.