Have You Seen a More Beautiful Setup?

This is the QUARTERLY log chart for GLD, and it looks to me that Gold is setting up for. a huge move higher, as Jan 1, 2023 should see the stochastics cross higher, after this quarter being the first green bar and trading over last quarter’s high. We could even see a move similar to the ramp higher that started in early 2009, where gold could DOUBLE over the next 2 years, we can only imagine where silver would go if that happens. I would also suggest that we are in an even better environment now for gold and silver, with plenty of catalysts to push it much higher than that. It’s starting to look like calls for $3K to $5K gold will be here soon. If one isn’t getting invested or already loaded up by now, the window is closing!