Metals tend to pull back into the end of the month on fund position squaring and profit-taking. Gold is too overbought to chase but cycle highs dominate into the first week of March and pullbacks may be minor.  Gold could surge to 2100 and has made new highs in Gold/Yen and Gold/Euro already.    We are watching GLD and GDX on the ETF timer.

March silver futures are not likely to take out 2250 and buying SLV on dips early next week should be good as that market is less overbought than gold  Platinum is also looking good into early March but technically is looking a bit more troubling.  Should find support at 970 next week.  Watching PPLT for the ETF    Copper continues to have great fundamentals due to China and is projecting 490 into early March.   There are cycle lows for copper into mid-Feb. and we will be patient with it and watch CPER for the ETF.   Long-term cycles for metals are great into Sept and into March 2024 and with the death knell of the dollar coming with the end of the Petrodollar and the Saudis turning on the US and moving toward China, there are big changes coming.  Stay on top of new entries for metals with the Fortucast Financials Timer or the Fortucast ETF timer.  A one-month trial is only 97.00.

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