This is a linebreak chart. Like renko and point and figure, removes "time noise". You get to see price action only, with clearer trends. Setup is VERY similar to 2010 on many regards. Look at 50 and 200 period moving averages. Distance from the 50 overshot in 2020, but also corrected more. Might correct more, but the 2020 distance from it's 50 period moving average shows we are coiled enough. HOLD ON TIGHT! #patience #gold #silver SLVGLD #fintwit SILSILJGDXGDXJ
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