Stocks and Precious Metals Charts – Brace for Impact – Gradually and Then Suddenly

from Jesse’s Café Américain

Justice is coming. And hell is coming with it.

As you may recall gold broke out of its chart formation at 1770, and then successfully retested that breakout level several times to the downside.

Now it has taken out the psychologically important ’round number’ at 1800 which some of the players were watching.

As long as it holds the breakout, the nearer term target is 1860.

I won’t speculate on longer term targets, but they are well in excess of the previous all time highs.

Silver is following along, but needs to take out 19 on its own chart.

Continue Reading at…