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Message: POG closed the day at a new all-time high, soaring into the closing minutes

Yesterday's breakout in POG was a technical analysis (TA) validation of an expected trend that could pause around $2,450 in the next twelve months.  If this breakout is further validated, investor sentiment will quickly shift back into commodities like metals and energy.  

However, I am not an expert in TA and have serious doubts about its applications in selected stock issues in lesser-traded vehicles.  For the big-time stuff (including gold and silver), I follow the opinions of others I respect, especially Garath Soloway at Been Verified Investing.   https://www.youtube.com/@verifiedinvesting

TA on copper is looking good, too.  Check here.  https://www.economies.com/commodities/copper-analysis/copper-price-gets-the-positive-momentum-%E2%80%93-forecast-today-%E2%80%93-29-3-2024-107994

VP

 

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