Heads Up Poker Podcast
Gold Is About to Explode or Crash Hard? Must Watch!
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:38:55
- More information
Informações:
Synopsis
In this week's Monday Market Moves, Steve Barton delivers a deep dive into the latest volatility across commodity markets. The S&P 500 fell two percent and failed to hold its 50-day moving average, while the dollar finally broke above its 200-day. Gold showed signs of forming a bearish flag, and silver pulled back after touching its moving average. Both metals are facing pressure from a stronger dollar, though Steve outlines exact buy levels and suggests we are nearing seasonal strength for gold. Silver remains in backwardation and Steve believes gold will outperform in the near term. Uranium, oil, natural gas, and copper are all flashing accumulation signals, with uranium ETFs hitting support zones and oil stuck in a long downtrend that mirrors early gold setups. Coal is entering a potential buying range and natural gas shows signs of topping. Platinum and palladium are testing support while nickel is crashing fast and may forecast recession. Bitcoin dropped over ten percent, and Steve suggests more do