David Chapman
davcha.bsky.social
David Chapman
@davcha.bsky.social
#Gold started slowly but has since jumped on momentum buying. To confirm a low we need new highs above #gold 4382 and #silver 54.49. Fiscal uncertainty is driving the market. Rotation out of #AI stocks has #DJI up #NASDAQ down. #DJI hitting new highs.
November 12, 2025 at 4:40 PM
#Gold rose then faded and now is down on the day. Not a good sign as it suggests that the correction is not over. #Stockmarket also fading yesterday's elation rally over the possible end of the #shutdown. Confirmation comes with new lows. Our #gold target is still 3700.
November 11, 2025 at 3:45 PM
They appear to have come to an agreement on the shutdown. #Stocks get excited. #Gold gets excited. If we make new highs we'll know we're headed higher. Failure starts another leg down. Irrespective it is probably not a wise idea to be chasing in an already #overvalued market.
November 10, 2025 at 3:23 PM
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#Airport chaos, #trillion dollar man, 5 trillion dollar company, #layoffs mounting, #stocks wobble and fall, #gold doesn't know which way to go, #oil glut but oil stocks rise.
enrichedinvesting.com
November 10, 2025 at 12:10 AM
Again not much of a day for #gold #silver but at least they are up. 4000 holding so far. #Stockmarket wobbling and headed for a down week. But we can't say we've topped yet. Under 6500 SPX starts to confirm a top. Under 6200 a top is in.
November 7, 2025 at 7:35 PM
Not much of a day for #gold off small but #goldstocks have a bit of a bid a +ve. Nonetheless we hold with our call a low Nov/Dec and possibly to 3700. #Stockmarket being hit again raising possibility has it topped?
November 6, 2025 at 5:28 PM
Love the volatility. Maybe it was the Beaver Moon. Down Up what next? We haven't changed anything still expecting low for #gold #silver etc sometime into Nov/Dec. #Gold target could be 3700 #Silver 42/43. Not oversold yet.
November 5, 2025 at 8:43 PM
Not a good day for bulls #gold #silver #stocks all get whacked. #Gold 3800 support but 3700 might be target. #SPX support 6600. Correction expected for #preciousmetals and #stockmarket overdue. But once low for #PMs established in Nov/Dec another upleg should get underway.
November 4, 2025 at 5:29 PM
Bounce day. #Gold only new highs ends this corrective phase. Seems so far like a B wave up. C to come with potential targets to 3700. #Silver could go to 46. #Goldstocks a bit of a bid but again only new highs ends this. Low in Nov/Dec
November 3, 2025 at 3:20 PM
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Are we in downside to the #American empire? They have followed same path as other collapsed empires. We look at it. Fed cuts as expected unknown for Dec. #Gold wobbles. Look for Nov/Dec low. New highs again all signs point to a fall as #MAG7 dominate.
enrichedinvesting.com
November 2, 2025 at 10:53 PM
Good news. #Halloween is not exactly scary as markets do little on the last day of the month. Bounce back in #NASDAQ because of #Apple earnings but #gold market relatively flat. So #HappyHalloween and good luck to the #BlueJays tonight.
October 31, 2025 at 2:28 PM
#Gold bounces back. #Stockmarkets stumble but not the #DJI. #DJI a safe haven? #Volatility increasing? Confusion over what #Fed does next. #Gold resistance now 4000 4100. Above 4275 new highs probable. Support 3900 3800 3700.
October 30, 2025 at 3:19 PM
The #Fed cutting 25bp as expected sparked a pullback for #gold #silver and the #stockmarket. Irrespective the #gold #silver correction is not over and we expect this to last into November even December. Support areas are 3700 and 3300 the latter which we expect not to see.
October 29, 2025 at 7:33 PM
Another down day for #gold? Under 4000. Could 3700 support be next? Bounce back? #Goldstocks finding some support but not yet oversold where buying op exists. #Silver support 46. #Stockmarkets make new highs again but #fear & #greed index registering #fear. Suggests higher still.
October 28, 2025 at 2:21 PM
Another whack day for #gold as #China #US talk nice on trade. Support 3700/3750 and the 50-dma. Can't rule out a drop to there. 200-dma further off at 3300. #Silver 44.00/44.50. #HUI could fall to 500 and #TGD to 600. Looks to me like its a 4th wave up from Dec 2024 low.
October 27, 2025 at 2:28 PM
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#Gold whacked. #stockmarkets soar to new highs. #Inflation benign. #Sanctions spark #oil rise. The #shutdown continues now 26 days. Where will all this end?
enrichedinvesting.com
October 26, 2025 at 11:13 PM
After being down earlier #gold #silver have bounced back. US #inflation more benign but still stickily above the Fed's targets. Expectations high of a Fed cut next week and probably next month too. That helped #gold recover although #goldstocks remain down but off their lows.
October 24, 2025 at 3:46 PM
The rebound continues. In order to overcome that bearish engulfing pattern of Oct 21 we need new highs in #gold #silver #goldstocks. Otherwise we'll continue to consolidate/correct that could take us into Nov/Dec. #Oil up more sanctions against #Russia. How to create #inflation.
October 23, 2025 at 4:49 PM
After yesterdays wipeout #gold started sharply lower but has cut loss in half #Goldstocks currently flat. That could mean we'll start a consolidation with probably a drift lower. Support around 4100. #HUI #TGD finding support at 50DMA while #gold #silver 50 day at 3700 & 44.
October 22, 2025 at 2:06 PM
Was Friday's action in #gold and #silver just a head fake?Rebound today. Will we see new highs or is this just a dead cat bounce. Serious reversals on Friday are not washed away with one days action. We're overdue for a correction. Talking about #gold as if it was a #meme stock.
October 20, 2025 at 3:22 PM
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Blowing bubbles. Trouble with #regionals and #subprime auto lenders? S&P 500/#Gold #Silver ratios, Markets topping? The pause that refreshes for the precious metals market? #Geopolitics calm down? #Protests in US.
enrichedinvesting.com
October 19, 2025 at 10:27 PM
A #gold hiccup or the start of a bigger drop? After days of $50+ up moves TD we get a $50+ decline. Will ease the #overbought conditions. Support 3950/4000. Under that level a correction of higher magnitude could get underway. Still looking for potential key low in Nov/Dec.
October 17, 2025 at 2:48 PM
#Gold #silver keep chugging higher ignoring overbought conditions. Is it a mania? Apparently not yet. #WallStreet pros still have low exposure to gold and the general public is still not in. #Gold has blown past targets. Our next target is 4400 #gold for #silver 54.25. Use stops.
October 16, 2025 at 2:11 PM
Down one day. Up the next. Did #TACO man flip the switch? Or is it buy the dips? #Gold soars as do #goldstocks but #TSX closed TD. #Volatility rising. Records falling for #gold #silver #HUI. #Overbought is just a word. Keep #Stops. #Markets now getting potentially dangerous.
October 13, 2025 at 4:22 PM
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#Market top? #Tariffs on China. TACO man reverse again? #Economy not in recession. #Consumersentiment in the cellar. #Gold's overbought condition about to correct? #Silver new highs after 45 years. #Bitcoin collapse? #Canada's job numbers blow away.
enrichedinvesting.com
October 12, 2025 at 9:46 PM