first majestic silver

Panic In The Precious Metals Market – SPROTT Money Precious Metals Monthly Projections – August 2021

Technical Analyst, Trader, & Founder of Technical Traders Ltd
August 12, 2021

Precious Metals – in particular Gold and Silver – have recently hit their respective Fibonacci 100% measured moves to the downside. At the same time, both also reached critical support levels where they may remain close to for a while.

Host Craig Hemke of Sprott Precious Metals Projections sits down with Chris Vermeulen of The Technical Traders to break down all the charts you need to prepare for the month ahead.

In this edition of the Precious Metals Projections, you’ll hear:

  • Predictions for the USD, Precious Metals, and US Stock Market.
  • What the flash crash of Gold and Silver earlier this week may mean.
  • Is there any validity to the cup-and-handle chart pattern?
  • An introduction to an online entrepreneurship program to help kids get an URLYstart on business.

TO VIEW CHRIS’S FULL THOUGHTS ON THIS MONTH’S CHARTS, CLICK BELOW TO WATCH THE INTERVIEW

GET YOUR VIDEO MARKET UPDATE AND HOTLIST OF THE BEST ASSETS TO TRADE DELIVERED TO YOUR INBOX EVERY MORNING WITH BAN TRADER PRO!

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Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic

Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better.

His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility.

He is a regular speaker on HoweStreet.com, and the FinancialSurvivorNetwork radio shows. Chris was also featured on the cover of AmalgaTrader Magazine, and contributes articles to several financial hubs like MoneyShow.com.

 


The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”
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