Tag: Silver

12/03/22 Weekly Re-Lay – “Gold & Silver are fulfilling the outlook for another (and overall) rally… Price action has been projecting accelerated rallies so these rallies are likely to extend… Gold just provided two additional reasons to expect a spike high in the coming week – turning its weekly trend up as the weekly 21 MAC is turning up (as soon as Gold ‘prints’ a price above 1774.9/GCG, it […]

11/26/22 Weekly Re-Lay – “Gold & Silver pulled back to support and could see new surges… 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 – […]

11/22/22 Weekly Re-Lay Alert – “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 likely to enter a new rally as long as they do not give daily closes below [reserved for subscribers]. They could extend this rally into Nov 28 – 30, the next phase of a 55 – 58 […]

11/19/22 Weekly Re-Lay – “Gold & Silver fulfilled bullish cycles into mid-month and could see additional surges… That allowed it to exceed the duration of the July 21 – Aug 10 rally, reinforcing underlying strength.  It also allowed Silver to complete successive rallies of equal duration (33 days each; Sept 1 – Oct 4 & Oct 14 – Nov 16) and initially peak […]

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)… On a broader, weekly cycle basis, Silver remains likely to stretch this overall advance (from Sept 1) into a convergence of weekly cycles on Nov 21 – 28 that would fulfill a ~6-week low-low-(high) Cycle Progression while matching […]