Tag: XAU Index

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 […]

11/12/22 Weekly Re-Lay – “Gold & Silver are fulfilling bullish cycles that projected accelerated rallies from Nov 3… Silver has been steadily gaining ground since Sept 1, setting a series of four successively higher lows before beginning to accelerate higher.  Gold was lagging, entering a bottoming phase after fulfilling a 66 – 69 day/~9.5 week high (3/08) – low (5/16) – low (7/21) […]

11/09/22 Weekly Re-Lay Alert – “Early-Nov ’22 Cycles Validated; CPI on Radar… Gold and Silver extended their surges to begin the week, reinforcing the outlook for a sharp rally into Nov 11 – 16… 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 […]