Tag: Palladium

12/10/22 Weekly Re-Lay – “Gold & Silver fulfilled the outlook for another rally into early-Dec ‘22 but remain capable of surging to new highs – potentially stretching into mid-month. They continue to build the case for a major low being set – in Sept ’22 for Silver and 4Q ’22 (Nov ’22) in Gold – the early stages of what could be a new 6 – 12 month […]

12/07/22 Weekly Re-Lay Alert – “Gold & Silver fulfilled the outlook for another rally into early-Dec ‘22 but remain capable of surging to new highs during the current week.  They continue to build the case for a major low being set – in Sept ’22 for Silver and 4Q ’22 (Nov ’22) in Gold. Ultimately, Gold could extend this rally into late-Dec and fulfill a 41 – 42-week high-high-high-(high) Cycle Progression… […]

12/03/22 Weekly Re-Lay – “Gold & Silver are fulfilling the outlook for another (and overall) rally into early-Dec ‘22 – when weekly cycles converge.  Price action has been projecting accelerated rallies so these rallies are likely to extend into the coming week and could invert the ~5 & ~10-week cycles – creating a 9 – 10-week low-low-low-(high) and a corresponding 5-week low-low-(high) Cycle Progression. Gold just provided two additional […]

11/26/22 Weekly Re-Lay – “Gold & Silver pulled back from their mid-Nov highs – which attacked intra-year trend resistance (Jan ’22 low) at 1793.5 – 1795.0/GCZ and 22.20 – 22.50/SIZ – and are fulfilling expectations for a new rally to take hold this past week. For the last couple months, Silver’s rally has been expected to stretch into late-Nov/early-Dec ‘22 – when weekly cycles converge.  That remains the case and has been […]

11/19/22 Weekly Re-Lay – “Gold & Silver extended their surges, fulfilling the outlook for a sharp rally into Nov 11 – 16… when the latest daily high was most likely.  The intra-month trends projected that (initial) high to take hold on Nov 14 – 16.  It took hold on Nov 15. That allowed it to exceed the duration of the July 21 – Aug 10 rally, reinforcing underlying strength.  It […]

11/16/22 Weekly Re-Lay Alert – “Gold & Silver surged into Nov 15/16 with Silver completing successive advances of equal duration (33 days each; Sept 1 – Oct 4 & Oct 14 – Nov 16) and initially peaking ~3 months from its Aug 15 – 19 ’22 high.  In order to confirm new/greater strength, it would need to set new highs in the coming days and exceed the duration […]

11/12/22 Weekly Re-Lay Alert – “Gold & Silver extended their surges, fulfilling the outlook for a sharp rally into Nov 11 – 16… when the next high is most likely.  The intra-month trends project that (initial) high to take hold on Nov 14 – 16. A rally into Nov 14 or later would exceed the duration of the July 21 – Aug 10 rally and arrive ~90 & ~60 degrees […]

11/09/22 Weekly Re-Lay Alert – “Gold & Silver extended their surges to begin the week, reinforcing the outlook for a sharp rally into Nov 11 – 16… when the next high is most likely… Silver has been steadily gaining ground since Sept 1, setting a series of four successively higher lows, while Gold has been in a bottoming phase after fulfilling a 66 – 69 day/~9.5 week […]