SNES had a 'golden cross' today (50 MA crossing back above the 200 MA). The golden cross is generally bullish, but is often a lagging indictor that can sometimes signal a coming pullback/consolidation after a big recent move. Looking at the chart it wouldn't be surprising to see SNES consolidate back to 1.50 or into the 1.20-1.50 area. Just a guess though, and will depend on the news flow.
The ARYC chart continues to look interesting. If it can get thru .05 in the days/weeks ahead, then there could be a move up to .10. It might have to consolidate for a while under .05 first though, as happened during its 'stair step' climb in 2017.
No traction evident for gold/silver. Every time they move up to key resistance there is a smack down, which looks like the usual price suppression mechanism. Good time to gradually accumulate if one doesn't already have the 5-10% metals position recommended by Rickards as disaster insurance.
Fwiw, Bitcoin broke down under 6000 this week. Since peaking in December it had formed a bearish descending triangle over the past 6 months, and broke key support earlier this week. I follow the Bitcoin 'ETF' (GBTC) loosely, and next support is 7.50 (currently 8.65). If that fails then there's the wide 5.00-7.50 range, and could be looking at 5.00. GBTC had a 'death cross' in late May.
