Downside targets for gold and silver correction - tactics

Описание: Downside targets for the current gold and silver correction are defined by the parabolic support lines, prior breakout zones and major moving averages that appear on these charts, and the video focuses on how to trade around them with clear tactics.

In this episode, I walk through the GLD, SLV, spot gold, spot silver and copper charts, highlighting classic blow‑off signals such as hanging man and gravestone doji candles, super‑overbought RSI and MACD readings, and record climactic volume that marked the top of this leg. I then map out the key downside areas where this correction is most likely to stabilize—parabolic trendline support, old resistance turned support and long‑term base levels—explaining why they matter and how I plan to scale in, set stops and manage risk if those zones are reached. Finally, we zoom out to the multi‑decade “cup and handle” structure in silver and the ongoing secular bull market in precious metals, to show why this sharp selloff looks like an intermediate shakeout within a much larger bullish trend rather than the end of the move.

If you like this kind of technical breakdown of gold, silver and copper, make sure to subscribe, leave a comment with your own targets, and share this video with other metals traders.

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The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment or securities advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market technical analyst, Clive Maund is not a Registered Investment Advisor or Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be construed as a recommendation or solicitation to buy and sell securities.