Technical analysis of gold stocks and silver stocks today on January 10, 2023. We review technical analysis for gold, silver and GDX to help everyone investing in precious metals and gold and silver stocks. Precious metals investing is still a contrarian investment yet gold mining company stocks have been outperforming the S&P 500 since September 2022. Precious metals to invest in include gold, silver and platinum. We review gold technical analysis, silver technical analysis, and gold mining stocks technical analysis. We also review several ratios including the gold to silver ratio.
Gold and silver mining stocks technical analysis reveals where precious metals stand in terms of both short and long term cycles. Clear levels using technical analysis and cycles analysis are discussed in the video so you can put price action analysis and cycles trading strategy to work for yourself.
Subscribe to this channel for unbiased technical analysis of all asset classes including gold and silver mining stocks technical analysis thru a lens focused on price action with the help of cycles.
We will observe to understand where precious metals are likely heading for 2023. Investing in gold has been difficult the last 2 years given the sideways to lower price action so make sure you understand where we are in the cycle before committing more capital.
Use a price action based cycles approach to mitigate risk and maximize returns. #dxy #goldstocks and #GDX
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Previous precious metals video: https://youtu.be/RjVoWoD1AvQ
Cycles 101 blog post: https://mirror.xyz/swingtrading.eth/bYCnOxFLsB4GTgCPmJKzNrH34_1XfuLepCSMcIgMv-Y
Cycles 101(from Jan. 2022): https://youtu.be/eXrGKifeDUY
Cycles 101(from Oct. 2022): https://youtu.be/wKIzZiLtuL8