This second part of our research article related to the new Bullish price phase in Precious Metals and Miners will continue to explore the potential range and targets for higher price trends.
In the first part of this article, I discussed how precious metals have started moving higher in somewhat of a stealth mode – not really drawing a lot of attention from traders. While other commodities and market sectors continue to rally, Gold and Silver have recently been setting up a new momentum base over the past few weeks. If our research is correct, we may soon see a stronger bullish price rally in precious metals which may drive miners 3x to 5x higher as Miners have greater Alpha than precious metals.