Not really.. but since March Madness 2020, when extreme low's in contango (or premium) for the "next contract in front" over spot... helped spot rallies on the 4 hour chart. Whether this signifies an important bottom or not is not always the case... just a traders possible bottom picking tool! Maybe this could cascade on higher time frames... time will tell. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
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✅Market commentary
✅Trade Tracker
✅Podcast Reviews
Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
🔗https://northstarbadcharts.com/