ClearValue Team Insights
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SLV Attempting a Bullish Breakout Above 11-year Resistance Line
$GOLD already formed new all time highs, and $SLV is showing some bullish strength here as well. This was a scenario discussed in my last market update video with GOLD leading the rally for commodities and SLV lagging behind. SLV had numerous failed attempts to breakout here so I would monitor the price action carefully. […]Read More
GOLD Retesting Resistance as Support
GOLD has been extremely bullish as inflation starts to rise again. I have been bullish on GOLD for 2024, and we have reached new all time highs pretty quickly into the year. GOLD already broke above the last key resistance level at this light blue trendline, and is retesting this resistance as support here. If […]Read More
GDX Bullish Rebound With GOLD at New All Time Highs
I have been patiently waiting for GDX to show some strength. Other gold miners have been outperforming GDX, and I think GDX is starting to show some good bullishness here. These are my updated GDX price levels, I think there is resistance approaching at the yellow trendline around $31.34, and the light blue resistance target […]Read More