Barry Greenstein retweeted
Gold stocks are turning back up vs. the Mag 7 within a 6-year-long base dating to 2020.
They have a major positive divergence to Gold, which is a bullish signal by itself.
The last time the stock market peaked and began a secular bear market (2000), capital rotated first into gold stocks.
Too early to know if a repeat is coming but continue to be mindful of the relative strength in miners.
Barry Greenstein retweeted
To turn the table, gold needs to regain broken support, which is going to act as a resistance...
Barry Greenstein retweeted
Senior gold miners GDX breakout attempt. Previous breakout in August resulted in a 35% gain...
Barry Greenstein retweeted
JUNIOR SILVER MINERS SILJ went from plus 3.4% after opening to negative 6%. Presently trading around negative 2%. Most importantly yesterday's gap got filled...
Barry Greenstein retweeted
Gold largely ranged traded during the entire month of October finally forming a capitulation sell-off in the last day. During the month of November I expect gold to mirror image October and trade sideways following which I expect gold to test August high into year end 2026...
Barry Greenstein retweeted
Within 3 trading sessions of November gold recovers the entire month long October decline…
Barry Greenstein retweeted
Silver had a nice comeback since yesterday, but it means nothing until it regains $55-56 level resistance, which is previously broken support.
Barry Greenstein retweeted
Junior silver miners SILJ broke out from a 13-year consolidation in the summer of 2025 producing as a result 180% run. Since it topped in January 2026, SILJ has been consolidating within bullish wedge formation. A 13-year breakout can't end within a year. I am pretty sure than this run is going to continue into many years going forward...
Barry Greenstein retweeted
While silver has to regain $56 level to negate recent breakdown, gold has to regain $4.2k level...
Barry Greenstein retweeted
I expect precious metals to form a bottoming mechanism process into mid November and a rebound into month end. Such serious decline needs time to consolidate…
Barry Greenstein retweeted
Silver got rejected from the previously broken descending trendline. For now it needs to regain it...
Barry Greenstein retweeted
Gold to silver ratio completes a successful retest of a 15-year previously broken support. The ratio could be forming a multi year top right now. If retest holds then the ratio is headed towards 30 area by late 2028. My gold target is $10k, which suggests $300 plus silver price by then...
Barry Greenstein retweeted
Junior silver miners SILJ has been consolidating within 9-month bullish wedge formation after a year long run that yielded over 300%. I expect SILJ to more than triple over the coming 2 years. For now I expect a quick run to the upper band of the formation, which represents 35% gain...
Barry Greenstein retweeted
The bottoming process in the precious metals is not going to be a 2-3 day process. Expect bears to fight all in. Could take a couple of weeks before bulls take control...
