$WPM: Wheaton #PreciousMetals
🟢$38 area = Maj Support. (I will lk to add Jan '22 $42 Calls on any pullback)
🟢Resistance = 50MA ($43.31), 200MA ($44.21) followed by the red primary downtrend line
🟢Once red downtrend line cleared, $57.89 becomes initial 🎯
$SILVER | $GOLD
$GOLD Is on the verge of a major move - clean technicals here. All month, Gold coiled into a perfect symmetrical triangle, right at resistance of a five month bull flag
If it breaks out at $1900, Gold is headed to $1940 then $1980 short-term. Pattern fails below 1850 & sees 1790
Time for an adult conversation on Bitcoin. I’m sure we can all agree, an asset class with two 70% + drawdowns in the last four years is not broadly investable. It’s a mathematical, and historic fact the novice investor will get thrown off this bronco at the worst possible moment.