Tag: Gold

11/02/19 Weekly Re-Lay: “Gold & Silver have rallied after Gold dropped right to intermediate downside objectives and support levels – retracing as far as it should if it was just a normal correction (and not a multi-month decline)… but no farther. They are validating the weekly trend patterns in both metals.  In mid-October, Gold turned its weekly trend down – […]

10/26/19 Weekly Re-Lay: “Gold & Silver have begun to rally, initially validating the weekly trend patterns in both.  In mid-October, Gold turned its weekly trend down – a lagging and confirming indicator that usually times an initial 1 – 2 month low and ushers in a reactive, multi-week bounce. It did that right as it was testing and holding a […]

10/19/19 Weekly Re-Lay: “Gold & Silver remain in a ~6-week range of congestion, ushered in by the late-Aug./early-Sept. cycle highs.  They initially plunged into Oct. 1 when Gold reached its initial, intermediate downside wave target at ~1467.0/GCZ while bottoming very near its ascending weekly 21 High MAC. This past week, Gold again tested and rebounded from that same indicator.  Since […]

10/12/19 Weekly Re-Lay: “Gold & Silver have pulled back after rallying for the first three days of the new month but failing to turn the intra-month trends (or daily trends) up.  This comes after Gold plunged into Oct. 1 and reached its initial, intermediate downside wave target at ~1467.0/GCZ. It bottomed very near its ascending weekly 21 High MAC (1462.0/GCZ) […]

10/05/19 Weekly Re-Lay: “Gold & Silver plunged from the Sept. 24/25 cycle (and daily trend pattern) high into Oct. 1, with Gold dropping from 1540.2/GCZ to its initial downside wave target at ~1467.0/GCZ.  It bottomed very near its ascending weekly 21 High MAC (1462.0/GCZ) as it fulfilled the primary downside target from its late-Aug./early-Sept. peak. Gold’s low fulfilled a basic […]

10/02/19 Weekly Re-Lay Alert: “Gold & Silver plunged from the Sept. 24/25 cycle (and daily trend pattern) high into Oct. 1, with Gold dropping from 1540.2/GCZ to its initial downside wave target at ~1467.0/GCZ. That is where it fulfilled a basic ‘c = a’ wave target (new decline = initial decline) while retesting a convergence of downside targets at 1462 […]

09/28/19 Weekly Re-Lay: “Gold, Silver & the XAU did see a bounce into Sept. 24/25 and quickly reversed lower – on track for lower lows in the coming weeks… Gold & Silver were expected to rally into Sept. 25 – in sync with daily cycles, daily trend patterns, daily 21 MARCs – and then resume their declines.  They surged into […]

09/25/19 Weekly Re-Lay Alert: “Gold & Silver were expected to rally into Sept. 25 – in sync with daily cycles, daily trend patterns, daily 21 MARCs – and then resume their declines… Gold & Silver surged into Sept. 25 and then abruptly turned lower (after Gold had given two neutral signals to its daily downtrend) – fulfilling all of these […]

09/21/19 Weekly Re-Lay: “Gold, Silver & the XAU signaled 3 – 5 day lows on Sept. 18 and could/should see a bounce into Sept. 25… Gold & Silver initially sold off after surging into the latest phase of an extremely unique combination of weekly cycles in late-Aug./early-Sept.  Gold then corrected and twice neutralized its weekly uptrend after dropping right to […]

09/14/19 Weekly Re-Lay: “Gold, Silver & the XAU reversed lower from cycle highs in late-Aug. and could decline into late-Sept… Gold & Silver have sold off sharply after surging into the latest phase of an extremely unique combination of weekly cycles – arriving in 3Q ’19, the projected time for a multi-month (2 – 3 months and potentially 3 – […]