Preparing for Major Shifts in 2021 – 2025
Preparing for Major Shifts in 2021 - 2025
03-30-24 – Gold & Silver are resuming their rallies after Gold surged to initial upside targets and then pulled back to its breakout level (2150 – 2170/GC) – a textbook example of resistance turned into support. Based on multiple wave objectives (rally from Oct ’23 low = Oct ’22 – May ’23 rally; rally from Feb ’24 low = Oct – Dec ’23 […]
Read more03-28-24 – Gold & Silver remain on track for an overall advance – from October ‘22 and October ‘23 – into xxxxx… On an intermediate basis, Gold & Silver were forecast to enter another sharp rally in March ‘24 after fulfilling cycle lows and triggering multi-month buy signals in mid-February. While setting those lows, Silver also held the low it set in Jan 17 – […]
Read more03-27-24 – Gold & Silver are consolidating after surging above 2150 – 2170/GCJ (Dec ’23 highs) and attacking initial targets near 2210 – 2220/GCJ. That breakout level (2150 – 2170/GC) is now support. Based on multiple wave objectives, Gold is still likely to see a surge to ~2300/GCJ (~2320/GCM) as part of its latest primary advance – an advance that could extend into mid-April 2024. The latest two week’s LHRs are 2294 […]
Read more03-23-24 – Gold & Silver remain bullish and could see further acceleration … Gold & Silver are consolidating after surging above 2150 – 2170/GCJ (Dec ’23 highs) and attacking initial targets near 2210 – 2220/GCJ. That breakout level (2150 – 2170/GC) is now support. Based on multiple wave objectives (rally from Oct ’23 low = Oct ’22 – May ’23 rally; rally from Feb ’24 low = Oct – […]
Read more01-04-24 – “The ramifications of 2020’s pandemic continue to reverberate through the global economy. Even though many things appear to have ‘returned to normal’ (whatever ‘normal’ is), there are many others that keep reacting and re-reacting to the consequences of that massive global disruption. Various inflation gauges are producing dramatically-divergent conclusions. It often depends on ’which’ inflation someone is focused on. For example, the Goldman […]
Read more12/26/23 – “The Dollar Index set its lowest daily close (since early-August) on December 26th, initially fulfilling the latest phase of its ~4-week cycle and the reinforcing ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression that portends an impending bottom. This is also the second week after the Dollar Index tested and held its weekly HLS, an indicator that projects a 1 – 2 month low in the ensuing […]
Read more12/20/23 – “The Dollar Index remains capable of extending the latest decline into the next phase of its ~4-week cycle in late-Dec ’23. That is also when a ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression would mature. Corroborating that, the Dollar Index tested and held its weekly HLS (102.18/DXH) last week, portending a 1 – 2 month low in the ensuing 1 – 2 weeks. That should also be […]
Read more12/19/23 – “The Dollar Index resumed its decline after testing & holding its weekly LHR (103.82/DXH) and descending daily 21 High MAC last week, projecting a new sell-off into the next phase of its ~4-week cycle in late-Dec ’23. That is also when a ~24-week low-low-low-(low; Dec 26 – 29, ’23) Cycle Progression would mature. Corroborating that, the Dollar Index just tested and held its weekly HLS (102.18/DXH), portending a 1 – 2 […]
Read more12/16/23 – “The Dollar did see a new decline as the Euro & Yen rallied. Those moves could ultimately stretch into late-December. Gold & Silver surged from intermediate support levels but need to turn their daily trends up to show additional strength… The Dollar Index resumed its decline after testing & holding its weekly LHR (103.82/DXH) and descending daily 21 High MAC last week, projecting a new sell-off into the […]
Read more12-13-23 – Time for a New Inflationary Surge? “There is an additional reason why multiple inflationary ‘entities’ are now more likely to move higher in the coming weeks or months… the Fed has publicly acknowledged a shift in thinking – hinting that inflation has peaked while revealing expectations that three interest rate cuts are likely in 2024. Before reiterating some of the other inflationary (or […]
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