Will M

@GlobalProTrader You were shorting GDX most of the way up !

Buy low, sell high." It's not rocket science but most retail traders do the exact opposite. Chase at the top, dump at the bottom. #Gold, #Silver, and #GDX are all gearing up for one more parabolic move higher imho. It begins when we bottom in wave C of wave 4.

@graddhytrading Just curious how high you think the USD might rise, as it appears PM's are losing momentum. Do you anticipate silver forming an ICL in coming weeks?

@graddhytrading Your graph seems to indicate we're at or close to target, do you see silver climbing higher than the channel upper rail ?

@ggecko6 @garysavage1 I'm a current sub for Gary, made the most money I ever have, previously sub of DB, lost the most money ever, always short due to RSI divergence. He was short the GDX most of way up. DB never admits if wrong. Gary service is head and shoulders above what DB offers.

@garysavage1 D Brady said that if silver didn’t hold at $73.50, there would be a bigger drop. Do u agree Gary?

The dollar is making lower lows. This is almost always confirmation that the asset is in the declining phase of an intermediate cycle. It's still fairly early in the cycle so even if it bounces it should fail to make a higher high and then continue lower. Because the intermediate cycle is left translating the assumption is that it will break below the Sept low pivot before the intermediate cycle bottoms. I doubt metals are going to complete a larger degree intermediate top until the dollar bottoms. That means todays sell off should just be a minor daily cycle correction that will bottom quickly and then go on to make higher highs. The odds should still be good for $5000 gold and $100 silver sometime in January or early February.

@graddhytrading if the USD goes up, would this coincide with a DCL in the PM's, or does todays breakout about 60 in silver negate it going lower?? thanks

@graddhytrading The current Gdx price is close to the day 12 recent high, would it be prudent to see if that level is taken out before adding ?

@graddhytrading I noticed all your targets below the Oct lows, is this undercut a requirement to establish an ICL ? Great charts btw.

@graddhytrading It appears that the DCL 4 days ago did not result in the 10dma turning down, therefore would not be early in a new DC, just trying to to understand cycles, thanks for the great stock picks.

@graddhytrading Is it possible we are just heading down to a DCL in the PM’s, then SI to 50 and GC 4000-4200 before a ICL correction ? Thanks

@graddhytrading Great chart, although I prefer trading view, as far as I know , only Stockcharts has all the tickers needed for this chart.

@graddhytrading Tomorrow will provide more clues, CDN markets are closed today.

@graddhytrading I have this for a gold chart, with FBO above, as dt line is touching second peak, and uptrend line extends further back in time !

@graddhytrading Apparently the active month contract rolled out to December.

@graddhytrading With the downtrend line starting at the beginning of 2025, we have now backtested the dt line, raising odds of a bounce upwards.

@graddhytrading If the DXY stays above the 10dma today , and clears the 50dma this week, that could affect the pm complex.

@graddhytrading on the off chance it does not hold , would be looking a left translated cycle ? thanks.

@graddhytrading @James96556499 Thanks for the updates, for the WR, could you please update the silver cycle count, I think we are on DC2, and now at day 37, but still new to cycles, so would appreciate your counts.

@badcharts1 Trump will impose 50% tariff on copper imports.

Did I miss something? Why is copper up over 10%?

@graddhytrading Excellent review of where we are it in PM's. It seems the odds are increasing we have some sort of pullback , expecting clearer picture by end of July, trying not to FOMO with last 10% trading capital.

@Susan10444544 @graddhytrading The weekend report (WR) is in the thread, scroll down to June 22, and you will see last weeks, hope this helps.

@graddhytrading I have never received a weekend report I don’t understand what’s going on. Could you please explain and if there is a weekend report could you please send it to me?