Home Market Outlook Gold & Precious Metals Summary Gold and silver have formed extremely narrow wedge patterns, signaling an imminent breakout after prolonged price compression. I see higher odds for an upward breakout in GLD and SLV, driven by the potential of record low negative real rates and supportive macro conditions. GLD remains a robust hedge against negative real yields. SLV is less sensitive to real rates but can benefit more from sustained industrial demand and a projected supply deficit. Looking for a helping hand in the market? Members of Envision Early Retirement get exclusive ideas and guidance to navigate any climate. Learn More » mustafaU/iStock via Getty Images Gold And Silver: The Wedge Patterns Became Too Narrow The goal of this article is to bring an observation on gold and silver to your attention.…