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Patrick Karim: No confirmed breakout yet in gold, silver or miners monthly charts
Patrick Karim, technical analyst at Technical Traders Ltd, argues that a significant breakout is not yet visible on monthly charts for gold, silver, or mining stocks.
He emphasizes that these charts are still in a process of unwinding, and the formation of a strong base could take many more months.
Karim recently provided a detailed review of gold and silver price levels following a new market update. He has also observed long term yields approaching a key breakout, with crude oil futures indicating momentum. These updates come as market participants monitor technical patterns for further direction.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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