Tag: Gold/Silver Ratio

04-15-23 – “Gold & Silver remain bullish, fulfilling the outlook for a new 1 – 2 month surge from daily/weekly/ monthly cycle lows in early-March ’23.  In the ideal cyclic scenario, they would stretch final highs into early-May ‘23 and fulfill a ~3-month low-high-(high) Cycle Progression in Gold and a ~4-month low-high-(high) Cycle Progression in Silver. From a price and wave perspective, however, Gold & Silver have already fulfilled primary […]

04-12-23 – Silver Surge & Inflation ‘Sweet Spot:  “Ever since bottoming with weekly & monthly cycles in Sept ’22, Silver has been setting the stage for a second major rally (similar to its 2020/21 advance) – a ‘C’ or ‘3’ wave on a multi-year basis.  The Nov ’22 issue of INSIIDE Track emphasized that, stating: 10-31-22 – “Since the early-’21 peak, Silver has declined in a […]

04-11-23 – Gold, Silver & Elliott Wave:  “Setting the Stage: The wave structure in Gold & Silver, along with corresponding cycles and correlations, paint an intriguing picture for precious metals in 2023 – 2024… and potentially much longer. Gold & Silver were forecast to surge from cycle lows in Sept ‘22 (Silver) & 4Q ’22 (Gold) into late-2023 (the initial phase of a new bull market).  […]

04-08-23 – “By turning its weekly trend up, Silver added confirmation to analysis it completed a larger-magnitude ‘2’ wave pullback in early-March ‘23 while fulfilling a ~6-month high-high-(low) Cycle Progression & completing a 50% retracement in time (4 months/18 weeks up, 2 months/9 weeks down). It also ended the week by turning its intra-year trend up, closing above the early-Jan ’23 highs – exactly 3 months/90 […]

04-05-23 – “Gold & Silver spiked higher into the opening days of April, the ideal time for an initial high based on Silver’s weekly trend, the intra-month trends, ~30-day cycles in Silver, and cycles that continue to project the next multi-month peak for early-May ‘23… By turning its weekly trend up, Silver added another level of confirmation to analysis it completed a larger-magnitude ‘2’ (or […]

04-01-23 – Gold & Silver are mixed and could pull back before a rally into early-May… Gold & Silver are hesitating after Gold surged into March 20 (on the latest banking ‘crisis’) and set its highest daily close on March 23 (as the Natural Year began).  Silver also rallied but has continued higher, surging long enough to turn its weekly trend up as it nears the highs of […]

03-31-23 – Gold & Silver have surged after Gold bottom in sync with intermediate support and its correction target (~1820/GCJ, triggering a multi-week buy signal on March 8) and Silver fulfilled multi-month cycles that bottomed in early-March ‘23. To reiterate from last month, a low in early-March ‘23 fulfilled a ~6-month high (early-Mar ’22) – low (early-Sept ’22) – (low; early-March ’23) Cycle Progression and a precise 50% retracement […]