Is The Gold Rally Over Or Gearing Up To Go Another Leg Higher?

Dave Russell of GoldCore TV and I sat down today to discuss the immediate reaction of the stock market, precious metals, and bitcoin to Trump’s election win.

Recorded on November 7, 2024

The main questions and topics we covered include:

  • Is the rally in precious metals over? What do the charts and Fibonacci extensions say?
  • Does a move up in the US dollar put pressure on Gold?
  • What effect does a pause or consolidation have on the stock market?
  • Looking at the chart for silver, will it get past the next area of resistance?
  • Bitcoin has had a surge recently; what is its trajectory?
  • Where do you think the Dow will go next?
  • What do the charts say about crude oil and energy stocks?
  • How are the miners performing?

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Chris Vermeulen
Chief Market Analyst
TheTechnicalTraders.com

Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the interview date but may not be accurate in the future.