Selling triggered in #SILVER after it hit the daily TF RD Supply Zone.
If you're wondering how such a significant fall occurred, let me clarify: Supply & Demand Zones work more effectively in forex, crypto, & commodities than in any single country's Stock Market.
I think generally when you see a geopolitical risk induced puke the Friday before close you’re probably at maximum geopolitical priced in and you want to be a buyer of that dip
PA reminds me of Russia invasion and that was the top of commodities and a local bottom in equities.
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Whats really gonna terrify people is when the bond yields continue higher despite this flight to safety move today. All while we watch commodities continue to march higher without being able to do dick about it.
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They did it. In three hours not a single mention of #gold . How can they call themselves a financial network? They even did a segment on #inflation , mentioning several key commodities by name, and another segment on what to invest in with rising inflation, without mentioning gold!