by Craig Hemke, Sprott Money:
In today’s episode, Craig Hemke and Chris Vermeulen discuss:
- Gold’s 2024 Rally: Analysis of gold’s impressive run throughout the year and its potential for further gains or a pullback.
- Gold Bull Flag Patterns: Discussion on gold’s chart patterns, including the bull flag, and how it indicates future price movement.
- Silver’s Potential Breakout: Exploration of silver’s lag behind gold and the possibility of a breakout.
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- Fibonacci Extensions: Chris Vermeulen’s use of Fibonacci levels to predict gold’s price movement, focusing on long-term and short-term cycles.
- Global Events Impacting Precious Metals: How geopolitical events, such as potential Middle East conflicts, could drive gold and silver prices higher.
Watch the full video below: