Gold and Silver Sweetspot Alert – January 2019 Update

Savvies, gold and silver are in the grip of a major short squeeze this morning, following an unexplained spike (turned out to be a pre-market leak regarding the government shutdown temp deal) around 8:35am EST.   Last night, I published a gold chart analysis over at CrushTheStreet.  Here is a 1min chart from a few moments ago, 10:25am.  $1,300 looks to be on the verge of being left in the dust, maybe today.  Stay alert for the sweetspot momo opportunity at your doorstep.

Gold 1min Chart January 25, 2019 10:25am EST

UPDATE: Gold 1min chart as of the 5pm close today.  A $1,304 high of day printed after the 4pm NYSE close.  Next week is primed to be important, stay on your toes.

From my Jan. 9 heads-up:

“This evening, the Ascending Scallop’s Throwback (aka Handle) is filling out and threatening to challenge the recent $1,300 high.  If the Jan. 3, 2018 high of $1,300 is taken out with conviction, we may have another sweetspot momo play on our hands.”

Traderstef on Twitter Gold Sweetspot Heads Up January 9, 2019

Plan Your Trade, Trade Your Plan

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