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Reposting for my followers: The BOC just signaled a pause, and for the last 20 years, this told the story of what the FED did 1 week later each time. Both in 2006 and 2019, the FED also led the way in reducing the prime lending rate after the pause began.

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Are #gold shorts paying attention to anything? All support is lost on #us10y, and now even closing below weekly EMA30 (shown in blue)!

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Spot #gold closed yesterday above the 2011 peak of $1892. During that 9-year run-up, the advances from bottom to peak lasted anywhere from 102 days to 246 days. The current impulse is......71 days old. Food for thought for you bears trying to gauge a short entry.

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is this back test done now? you decide. $gsr #gold #silver

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A massive, bullish cup and handle could be forming here. Let's see what happens with the new down-trend. Want to see support from EMA30 first.

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I think it has been consolidating bullishly since the July low of 61 cents. Declining volume shows sellers drying up. Possible double-bottom after a false breakdown. #Natgas approaching huge support. Isn't $sou.v printing money already/soon?

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I'm seeing a lot of chart gurus on Twitter with bearish wedges here on daily time frame. The bearish rising wedge usually has declining volume and they are usually at tops, so I don't think that thesis makes any sense because #silver just broke out. I see an ascending triangle.

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$copx $40 target, looks like a hidden back test is in. #copper

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Many are expecting a correction here, I think a massive rally is possible.

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Gold to silver ratio may hit mid sixties very quickly, and I base that on the lack of volume support and new thin zone.

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silver may push through the trend line here based on recent findings that weekly RSI gets extended in uptrends, and this feels like an uptrend.

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Don't get excited yet, but $pmet.v $pmt.ax is a dead-ringer candidate for a probable Livermore {accumulation cylinder}. Even the volume profile is a dead-ringer. Thinking of taking a starter here, or at the bottom of the cylinder, with a stop just below.

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What is going on here?What is going on here?What is going on here?What is going on here?

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#Gold, on the daily, is flagging now, as expected. The breakout has significance, as it would cross weekly EMA30, and cup and handle neckline. The measured-move is $2000.

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Next weeks possible Fibonacci 38.2% retrace is aligned with precious metals options expiry, and now we have a possible head and shoulders playing out. 38.2% is a very common pullback for #gold in bullish advance, and it also aligns with the head and shoulders measured-move.

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$teck really squeezed here. Ascending triangle is normally bullish. Price above MA10. #copper

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#gold daily: Although boring, I think a bull flag above weekly EMA30 would be great power build to reset RSI to push past this reverse cup and handle threshold. The measured-move would move price above $2000, and that would again be another good spot for a consolidation.

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Textbook ascending broadening wedge for the $gsr (#gold to #silver ratio) has a measured-move of 48.6, meaning 48 ounces of silver to buy one ounce of gold. At TODAYS gold price, it implies $36/oz silver. But it will be more, because gold price will be more.