Tag: Inflation

11-30-24 – “Gold & Silver reversed back down after rallying from intermediate cycle lows on Nov 11 – 18th.  Multiple price targets and support levels converged at 29.71 – 29.86/SIZ, which is exactly where Silver bottomed in mid-November. Gold bottomed just above extreme downside support while creating the largest decline since May – Oct ’23 and, at the same time, matching the magnitude […]

11-23-24 – “The Dollar Index remains in bullish cycles, following its low on Sept 27/30 (that fulfilled a major, ~3.25-Year/38 – 41-month low-low cycle and a more precise ~40-month low (Jan ’18) – low (May ’21) – (low; Sept 2024) Cycle Progression) and the outlook for a contrasting 3 – 6 month peak in January 2025… Gold & Silver entered this past […]

11-20-24 – “Gold & Silver entered this week with a higher probability for a reversal back up.  Silver is in the third week after testing and holding its weekly HLS… while Gold is in the second week of a similar setup.  That indicator usually generates a 1 – 2 month low in the ensuing 2 – 3 weeks… so a low is due. A […]

11-19-24 – “Gold & Silver reinforced signs of multi-month tops after attacking critical upside targets in late-October – the projected time for a multi-month peak… The related ~54-week cycle and 27-week low-high-(high) Cycle Progressions peaked on October 28th – when both set their highest weekly closes.  Gold stretched its intraday/intra-week high into October 30th, fulfilling a ~5-week/34 – 37-day low-high-high-high-(high; Oct 30) Cycle Progression and ushering […]

11-16-24 – “Gold & Silver are selling off after fulfilling late-October cycle highs.  An intermediate low could take hold this week… The Dollar Index has surged higher on the back of rising interest rates after fulfilling the outlook for a multi-week bottom on Sept 27/30.  That low fulfilled a major, ~3.25-Year (38 – 41-month) low-low cycle and a more precise ~40-month low (Jan […]

11-13-24 – “Gold & Silver are confirming signs of multi-week or multi-month tops after attacking critical upside targets in late-October – the projected time for a multi-week (likely multi-month) high. Silver peaked on October 22nd – along with related cycles in the XAU Index – while Gold waited another week to fulfill its own cycles.  Its late-October ’24 peak fulfilled the latest […]

11-12-24 – “Gold & Silver are confirming signs of multi-week or multi-month tops after attacking critical upside targets in late-October – the projected time for a multi-week (likely multi-month) high. From a price perspective, Silver led this topping phase, attacking its weekly LHR on Oct 18th, increasing the likelihood for a 1 – 2 month peak in the subsequent week(s).  In the following week, […]

11-09-24 – “Gold & Silver fulfilled late-October cycles and analysis for an initial drop into Nov 8/11th.  That could stretch into mid-month… Gold & Silver are confirming signs of multi-week or multi-month tops after attacking critical upside targets in late-October – the projected time for a multi-week (likely multi-month) high. From a price perspective, Silver led this topping phase, attacking its weekly LHR on Oct […]