Gold/Silver in Multi-Week Pullbacks Following May 20 Cycle Highs.
06-01-24 – Gold & Silver have consolidated after surging into May 20th and setting initial multi-week highs. At the time, Gold set new all-time highs (fulfilling its weekly trend) as Silver spiked to new multi-year highs and right to its initial upside target at 31.50 – 32.20/SIN. They could retrace to ~2280/GCQ & ~29.50/SIN before resuming their advances. On a broader basis, Silver has a ~14-month/~60-week high-high-(high) Cycle […]
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