CEF ON THE MOVEIf we break the trend line above $20 we will possibli move to the next two targets (blue doted lines).
About SPROTT PHYSICAL GOLD AND SILVER TR
ISIN
CA85208R1010
Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.
Physical Gold & Silver TrustThis chart should have you on the edge of your seat!
The next move for #gold and #silver has been building up for over 12 years.
Get your popcorn ready!
Sprott Physical Gold and Silver Fund#Gold and #Silver breakout VERY CLOSE now...
observations:
12 year breakout line
MASSIVE volume defined support
weakness, but price still above 7 year moving average
breakout above 7 year moving average
Sprott Physical Gold and Silver FundSprott Physical #Gold & #Silver Trust
Key notes:
1) Still ranging below CRITICAL breakout lines
2) But above 4 year moving average, cloud support and massive volume defined base
3) There is NO fear of missing out right now
4) The eventual breakout will be powerful
#fintwit
CEF sprott physical cold and silver trustPictures say it all CEF sprott physical cold and silver trust
my gold silver trade summed up in one chart I should of bought and walked away, and would of been up 11% in two weeks
CEF (Sprott Gold & Silver Holdings): NEUTRAL for 1 MonthI own a long term position in CEF of 10% which I plan to add to. Looking for CEF to pullback in a possible scenario where equities sell off hard over the next month and a new high in the VIX. If CEF sells off along with equities in that scenario, that will be an extremely bullish setup for CEF and
Gold & Silver (proxy) long term view & short term trendTo me it looks like the precious metals may have some more work to do to the down side in the medium term (12/18 months?)
The overall trend is still up (blue line)
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