by Chris Vermeulen
Sprott Money
This research article may get a bit technical, so please excuse us in advance if we ramble on about Measured Moves, Fibonacci Price Amplitude Arcs, and other technical jargon. Our goal is to share with you our expectations for Gold and Silver near the end of 2020 and out into early 2021.
ARCS, MEASURES & THE US DOLLAR
Our first observation to share with you today is the potential for the “Measured Price Moves” in Gold and Silver to continue. We’ve seen near-perfect price advances over the past 8+ months relating to these Measured Moves. In Gold, the Measured Move equates to about $263.20. In Silver, the measured move equated to about $5.40.