Gold & Silver Validating March Peaks
04/05/16 INSIIDE Track Intra-month Update:
“Gold & Silver are validating analysis for an 1–2 month peak in March, reinforced by divergent highs in Platinum (March 7th), Gold (March 11th), Silver (March 18th) & the XAU (March 17th)…
The March highs were textbook examples of ‘5th’ wave peaks (of an initial ‘1’ or ‘I’ wave rally) that should trigger the largest/longest pullback seen in 2016 (a higher-degree corrective wave than those seen in Jan. & Feb.). Validating that, Silver again failed to turn its weekly trend up on March 18th, ushering in a bearish 2–4 week period. It also failed to exceed its Oct. ’15 high – a feat Gold achieved in February – revealing more near-term weakness…
Other metals – and the XAU – could [reserved for subscribers]
Looking out a little farther, the middle half of June 2016 is shaping up as a higher probability for the next 1–2 month peak (~90 degrees from the mid-March peaks and next phase of a related ~90-degree low-high-high Cycle Progression)… ” [See related Weekly Re-Lay publications for additional details regarding future June 2016 cycle high… potentially the most important high of 2016.]
Gold & Silver fulfilling projected 2–4 week drops – the longest seen in 2016. Cycles turn back up in mid-April and could/should spur new surge. Additional rally – into ‘middle half of June 2016’ projected (see recent Weekly Re-Lays)… and should usher in most volatile period in 3Q 2016. See 2016 – The Golden Year & 40-Year Cycle: The Golden Years Reports for longer-term outlook.