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Badcharts
Aug 1, 2022 3:25 PM
Gold & Silver Miners versus US equities
Long
NYSE:ASA/SP:SPX
1M
ASA/SPX
NYSE
Description
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Aug 1, 2022 3:25 PM
Gold & silver miners are once again historically cheap.
That thick black line with multiple touches is the go-time breakout line.
Precious metals complex will be much higher by the time we get a chance to test it.
#silver #gold #spx #fintwit
Trend Analysis
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Comments
Cryptogold14
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Aug 2, 2022 3:27 AM
Well done. I recently noticed silver miners were near historical lows, a screaming buy, given projections for silver demand. Other metal miners are near 50% off their highs, looking attractive as well. I think this could be the next big play.
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