Gold & Silver Correcting

03/23/16 Weekly Re-Lay Alert: Gold, Silver & April Cycle Lows:         

“Gold & Silver are validating analysis for a sharp drop into early-April, part of an expected volatile period extending into late-April/early-May.  As explained the last several weeks, an important low is expected on April 4–8^th or April 11–15^th.  [See March 2016 INSIIDE Track for related charts & analysis.].

Gold & Silver – after Silver spiked to a new (but unconfirmed) high on March 18^th – reinforced signs of a ‘5^th’ wave top (of an initial ‘1’ or ‘I’ wave higher) and a subsequent 2–4 week drop beginning for Silver on March 21^st.

This came after Gold spiked to new highs on March 11^th – perpetuating a 27–29 day low-low-high-(high)Cycle Progression – and initiating its decline.    

As stated on March 19^th, “This could set the stage for a quick, sharp correction in the coming weeks… 

3–6 month & 6–12 month traders and investors should be holding… [Refer to 3/23/16 Alert for specific trading strategies.] ” 

Gold & Silver are confirming intermediate highs & fulfilling analysis for quick, sharp 2–4 week correction intoearly-April cycle lows.  April should usher in next rally, potentially lasting (on balance) into June 2016.  Price action will need to confirm.