Tag: XAU Index

12/14/22 Weekly Re-Lay Alert – “Gold & Silver fulfilled the outlook for another rally into mid-Dec ‘22 and up to their primary upside targets – for these 1 – 2 month advances – at 1835 – 1845/GCG and ~24.50/SIH.  That could spur a brief pullback before a subsequent (expected) rally into late-Dec/early-Jan. If it rallies into late-Dec, Gold would fulfill a 41 – 42-week high-high-high-(high) Cycle Progression.  Silver is similar, expected to stretch […]

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 […]