Big Moves Coming
https://images.pexels.com/photos/2866385/pexels-photo-2866385.jpeg?auto=compress&cs=tinysrgb&dpr=2&h=650&w=940 Pexels
Today the metals made one of the biggest single-day moves in a long time. Gold was up over $15 and silver was up over $0.75! That's a 3%+ move for the day and means silver is getting close to reaching a breakout!
Gold is at all-time highs in over 70 currencies and rapidly moving toward a high in dollars as well. It has continued to shoot through any resistance levels with minimal hesitation. Once more longs start moving into the space, it could skyrocket quickly.
If you're looking for a profit-play in your trading, consider metals for your portfolio. If you're looking for insurance against the present and coming uncertainty, consider metals for your portfolio.
However you look at it, metals are a great place to be right now. The only downside in my opinion is that as the prices rise, I get less shiny for each dollar. Happy investing!
Not investment advice. Do your own research.
