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>> No.24902058 [View]
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24902058

>>24901990
Macro outlook
>The cross currents are the potential for a rebound in the dollar and a correction in the stock market. Those two events could occur in tandem.

>In that scenario, Gold would outperform Silver. The dollar closed at 90.41. It has major support at 88. So this scenario may not arise for another month or two.

>Time will tell how this will impact precious metals, assuming they sustain a rebound this winter.

>In any case, the path of least resistance for precious metals over the days and weeks ahead is higher. Note that tax loss selling can provide resistance in some juniors for another week.

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