2022 Precious Metals Forecast Video

Precious Metals have been struggling and trading sideways or lower all year. Based on the Fibonacci extension on both long-term charts and the recent bull-flag pattern, the 100% measured move for Gold is $2700 in 2022.

Silver’s chart is pointing to higher prices as well. Silver has this funny way of blasting through levels at a ridiculous rate and taking off. From a technical standpoint, a 69% gain or $38 per ounce level is the next measured move to the upside.

After a pretty wild year and another funky month, the lost year for precious metals comes to a close. But will 2022 be a better year for Gold and Silver?

Chris and Craig explore commodity inflation by looking at lumber (WOOD) and homebuilder (XHB) ETFs and food inflation concerns via the Agriculture ETF DBA.

“Chris and his team are providing investors with a great road map for the direction of the markets, which is why I am also a paid subscriber to TheTechnicalTraders services and encourage you to consider a subscription as well, The ideal service to supplement your other subscriptions as well as my CommonStockWarrants.com.”-Note from Dudley

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