Gold & Silver Trading; March 8 Buy Signal Corroborates March 3 Weekly Signal.

03-08-23 – Silver’s Jan ‘23 peak fulfilled its multi-month upside target (24.50 – 24.68/SIH) and set the stage for a multi-month correction. Both dropped to downside price targets with Silver dropping below support while Gold continues to hold its 2 – 4 week downside target (and 1 – 2 month support) at ~1820/GCJ.  That led to an early-March rally… projecting a […]

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Gold & Silver Poised for New Surges; Early-March Cycle Lows Concur.

03-04-23 – Gold & Silver have corrected after Silver peaked in early-Jan ‘23, while fulfilling weekly & monthly cycles, and Gold stretched its rally into early-Feb ’23. Silver’s Jan ‘23 peak fulfilled its multi-month upside target (24.50 – 24.68/SIH) and set the stage for a 1 – 2 month correction. That has resulted in Silver dropping into a ~6-month/24 – 26-week high-high-low (Aug […]

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Gold & Silver Completing Corrections; Early-March into early-May ’23 Surges Likely!

03-01-23 – Gold & Silver have corrected after Silver peaked in early-Jan ‘23, while fulfilling weekly & monthly cycles, and Gold stretched its rally into early-Feb ’23. Silver’s Jan ‘23 peak fulfilled its multi-month upside target (24.50 – 24.68/SIH) and set the stage for a 1 – 2 month correction. That has had Silver spiking down into a ~6-month/24 – 26-week high-high-low (Aug 29 – […]

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Gold & Silver (& XAU) Near Cycle Lows; Surges into early-May ’23 Likely!

02-25-23 – Gold & Silver are declining with Gold removing any realistic potential for a retest of its high before a deeper correction (which is currently unfolding).  Silver remains in intra-year and weekly downtrends, reinforcing its early-Jan ’23 cyclic peak. Silver has been correcting since surging into cycle highs on Jan 3 – 6 and reaching its multi-month upside target (24.50 – 24.68/SIH).  That culminated […]

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Gold & Silver Poised to Turn Bullish as Bonds Near Bottom; March/April ’23 is Key!

02-22-23 – Interest rates – and/or interest rate expectations – have been the driving force for substantial market action over the past 6 – 12 months.  In many respects, the current environment has become a classic ‘good news is bad news’ scenario in which any good economic news has the detrimental side effect of raising the anxiety level related to future interest rate hikes… bad news. […]

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Gold/Silver Projecting Pullbacks to ~1850/GC & ~21.50/SI; XAU & HUI Similar.

01/28/23 Weekly Re-Lay – “Gold & Silver remain strong and have been expected to work higher – on balance – into late-Feb/early-Mar ’23 – a ~360-degree cycle from the 2022 peak and a 51- 52-week low-low-high-(high) Cycle Progression (Feb 27 – Mar 10, ’23) that would complete a 50% rebound in time (34 wks down/17 wks up). In the interim, they were expected to surge into early-Jan […]

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Gold Remains Strong; Silver Projects Drop to ~21.50/SI … XAU & HUI Peaking.

01/21/23 Weekly Re-Lay – “Gold & Silver remain strong but have fulfilled the overall outlook for an advance into Jan. and up to key upside price targets (as part of a larger, overall advance into late-Feb/early-Mar ‘23).  However, they have not yet signaled a reversal lower so the uptrends remain in force. Silver peaked on Jan 3, fulfilling its ~6-week high-high-high-high-low-low-low-low-(high) Cycle Progression and has consolidated since then.  […]

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Silver Confirming Peak as Gold Projects Future Surge… XAU & HUI Nearing Highs.

01/14/23 Weekly Re-Lay – “Silver initially peaked on Jan 3, fulfilling its ~6-week high-high-high-high-low-low-low-low-(high) Cycle Progression as Gold spiked higher into mid-month – fulfilling a 32 – 37-day low (Aug 22) – low (Sept 28) – low (Nov 3) – high (Dec 5) – (high; Jan 6 – 11) Cycle Progression. On a broader basis, that has allowed Gold to rebound 50% of the time it declined from […]

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Silver Setting Peak; Gold Pausing… XAU & HUI Attacking Targets.

01/11/23 Weekly Re-Lay Alert – “Gold & Silver have fulfilled the upside potential with Silver peaking in sync with its ~6-week high-high-high-high-low-low-low-low-(high) Cycle Progression – that projected a peak on Jan 3 – 6 – and Gold spiking higher this week, fulfilling a 14 – 15 trading day low-low-low-low (Dec 15) – (high; Jan 9, ’23) Cycle Progression. That was reinforced by a 32 – 37-day low (Aug 22) […]

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